I also hope to phase out of my current job and pursue real estate or other business ventures full time down the road.

So, If that anecdotal experience proves true I would venture to guess that private money is your only US based funding solution for foreign property.A power play could be to find deals that work on the local loan protocols and be fist-pump excited when you own the thang outright in 5 years!

I used my personal money to help fund this venture.

Purchase price: $55,000 Cash invested: $0 Sale price: $55,000Joint Venture (JV) a wholesale deal with an out of state wholesaler for a 25% profit split.

Its important to have a baseline understanding of any new venture, but the real learning happens when you take action and make mistakes.  

Each of these ventures has several full-time employees.

Wish I started off in my real estate venture when I was young, you’re doing the right things.  

There’s an awesome deal we’re hoping to close on with great comps in Baltimore near John Hopkins and hot investment area. As newbies, we want to understand how to go about partnering with someone for the deal... We ha...

I would be careful about listening to anyone suggesting an LLC because people selling them have their own agenda.An LLC would be to protect you to alleviate you from being personally liable should your venture go bankrupt or get sued by someone who gets drunk and falls out a window.

Now I have a few questions myself as I want to venture out of NYC areas for expanding my portfolio.