Structure it as if the LLC is borrowing all the money at the mortgage interest rate, run all income and expenses through the LLC in a separate checking account then do your disbursements from there depending on what you guys agree to pull out and when.I just did a JV and my private lender funded it.

If you and the contractor don't 'click', no matter what their cost or how stellar their references, working with the contractor will feel like pulling teeth (unless all the references specifically state "great work product, but terrible to work with").My company will win contracts, not because we are the cheapest, but because we are able to work with clients on a human level.

Should be owner financed purchase, my money on the rehab, numbers in line (65%+/- less repairs) with low money costs on a $350k+ house.Back in the day I used to pull a lot off my newspaper ad, I imagine the web would be similar, but these days its pretty rare for the homeowner to have any equity around here, so the better deals are from banks, hedge funds, other investors, etc. so knowing people works better than letters and signs for me.

While I can write a book about it on the how I did it, it was ONLY due to my reputation, performance history, and ability to make an investor whole that I was able to pull that off.

They said it was their son's to pull on your heart strings to tell them ok before you had all the information.

On the up side, if we go for the 4 unit first, we'll be pulling rent from more units in the previous scenario, which will add up to more money that we're able to put down in purchasing the second property.

The easiest way is to pull the sold rental compatibles off the MLS.

That would also cover the cost of the electrical permit that I highly recommend is pulled.

I've seen a lot of people try to manage a rehab/flip from afar, and VERY few pull it off.There are a lot of out-of-town landlords here that do well.

When you see a couple panel vans pull up real fast, that is when you may start to worry about the area.