We only did two specific LLC 's based on the address of each property because an accountant advised me to, but I am wondering if this will work?

Hi Everyone,I want to withdrawal my $88,000 out of my 457b retirement account to assist me in purchasing a rental property.

Additionally, you are then able to fix the problem without involving engineers and other costly expenses -- when a decent contractor could've remedied the foundation issue. 

@Matthew DekkerIt's exciting to start investing in rental properties in the Philadelphia region, and even with a little initial investment, there are a number of tactics you may take into account.

The way I look at it is that if I can't add equivalent value to a transaction, I really shouldn't be involved anyway. 

In my experience, cash for keys is best for all parties involved.

Account ClosedYes, if you hire a great producer you will actually get value. 

I have a background and education in Construction Engineering and worked in commercial construction for the better part of a decade while I was investing in residential real estate on the side.I've been in brokerage as a real estate advisor for the past 4+ years full time and I specialize in 2-4 unit residential multifamily which accounts for half of what I do (about 2 or 3 multifamily deals a month) and the other half consist of single family homes and condos.I grew up in San Diego and its all I know, I got my undergrad in Construction Engineering and Graduate degree in Business locally also.I am a big fan of starting off investing locally with low money down and that is how I personally started myself...I read a ton of books and listened to countless hours of podcasts but all the magic happened when I stopped reading and listening and started taking action.Welcome and feel free to send me a private message if you want to chat.

With technology nowadays, I don't find it necessary to have an in town tax accountant.

It's going to take some getting used to for everyone involved.