Are you buying this in your name and then trying to quit claim into an LLC?

I have another subto student i'm partnered with and we're buying straight off the MLS for section 8 housing.

I was just wondering if buying properties and rehabbing them would be a good way to transition into becoming a residential developer eventually?

Before you buy you 1st build you awareness of real estate investing, potential team members that you will need over the journey that will likely last the rest of your life and commence recruiting people and investing time seeking out knowledge and WISDOM.Wisdom would say buy in the down cycles of the market and refi cheap when rates are low but investors often have ants in their pants.  

My husband and I are looking to buy our first ever real estate investment out of state (we live and rent in NYC. we do not want to buy here due to high cost of properties and high tax rates).

Cashed out on a primary to buy an investment when the rates were good.

We are starting our business, and we will love to buy our first investment property in Detroit.

If you get inquiries asking for a lower rate, that could be a signal your rate is too high.

Ideally, I would like to buy in the Catskills since it’s close by, a popular year round destination from the city and has a history of vacation rentals but I know there’s more and more talks of regulations so I am open to other areas and would love to hear your thoughts/experience on the area.Would love to connect with anyone who has interest in the area and the short term world as well as agents familiar with STR who could help us in our search.

Now that would give me $100k and might be able to buy two properties.