Hello everyone, I am a fairly newly licensed MA Realtor and am about to purchase my first multi-family property in Western Massachusetts.I’ve done some flips in the past that I’ve lived in and resold years later, but this will be my first multi family property to rent out, and I’ll be buying it cash.Without it being financed, I have some additional concerns over keeping things anonymous and ensuring that an LLC is set up properly for protection.A local real estate attorney has quoted me $1,000 to establish an LLC, in addition to the MA filing fee.

Hi everyone, i wish i had found this forum earlier. I have fully paid off my primary residence and have secured a HELOC of $435K against it from US Bank, secured a month ago. In the process i have also bought another ...

@Jonathan Boyd - I wouldn’t get concerned.

Where as with a 5+ unit they will be more concerned with the performance of the property and if it cash flows. 

everyone has been extremely helpful!

Well I came across one that I am curious on everyone’s opinion, the number make since but my biggest concern is vacancy for this property.The reason vacancy is my concern, it is in a very small town(approximately 2500 people), the next closest city is about 10-15 min away of about 55k.

As long I can trust the Turnkey provider I am concern too much about the market I am getting it, I feel they will know whats best.

As for Zoning, I gave a call to my friendly town development team today and they were extremely nice and helpful.

I am extremely busy with regular work and school right now so I will only be able to start on one very slowly.Do you suggest making a social media page or a website page first?

Not too many properties able to carry that type of deduction without veering into negative cash flow.Buying cash flow is definatly not investing and extremely expensive.