It sounds like you’ve got a solid strategy and a clear focus on building your portfolio with multiunit properties, house hacking, and BRRRR.

There are several 4 plex properties under 1m and a nice 3 plex, fully renovated for 900k.

Interest rates between a HEL and a refi are comparable, the equity in the property is equal to the value of the property and I only need about 50% to purchase another property.

this is what we build and we do it with newbies but make sure you partner with a builder who has experience and a track record.

I just used my attorney as our registered agent, PO Box as our business address, and a separate LLC as the holding company. $50/ LLC and it literally takes less than 20 minutes for each LLC and costs less than $20/ yr. to renew each LLC.

Climate refuge is a genuine priority for many and a reasonably distanced retreat or refuge has perhaps never been more valuable?

So she took that extra space, added a wall and a hidden door and poof!

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

@Brittney Yang To structure a short-term partnership for your duplex investment, establish a joint venture or LLC with clear roles, responsibilities, and a timeline for dissolution.

This seamless transaction capitalized on strategic market insight and a prime opportunity.