We funded tradtional turnkey and we funded those that would do the lease option after i bought the asset for them they paid me off short term 60 to 90 day deals on my side.. then they would go the lease with option to buy..

By any chance, do you know if you're eligible for any government grants and/or funding?

Public has little desire to see them cut and GOP has no desire to increase funding for this. 

Then can decide for whatever reason not to fund the loan and keep that engagement fee.

Offer to do his inspections for free in exchange for some education on how to find, analyze, and fund deals.

Along with not having sufficient funds to operate their real estate they fail to consider what happens when the property must be refinanced.

Question• Has anyone formed an llc to start and fund their 1st real estate purchase using a SBA loan?

I don't want to only be an investor, I'd much rather be a GP and lead syndicates, raise funds, all the things I've been doing already with my recruiting agency.

My plan was to keep the condo as my residence, but after a year, refinance to fund a down payment on a multi-family property, either out of state or in the surrounding NY area.

If s/he'd been putting aside reserves, the repair would have been covered by funds already in the bank.