In fact, right now Prop 33 is being voted on in this year's election.Other states like Texas and the Carolina's will be a little less expensive, so you can put less down.

They may go down another point or so in the coming year and they may go up 2 points in the next 2-4 years (who knows).A model like that will give you an idea of how the ARM will perform against the certainty of the fixed rate.

You can use services like LegalZoom, ZenBusiness, or Rocket Lawyer if you want a company to handle the setup for you.

I would like to use it as a vacation home as well. 

i’ve heard a lot about this method . the thing i’m confused about is how would i convince a lender to give me their money.. like if it’s my first time, will they just trust me? 

It looks like no matter what, my actual name will need to be filed on annual report with the NC LLC (even using a registered agent). 

If you do not think the tenant has cash on hand to cover the judgment, you are likely better off turning it over to a collections agency. 

What we get out of it......creating a group that some of our best borrowers can get access to good deals.More than likely be virtual (zoom etc) and be an intensive, no-fluff training on how wholesaling is done, and what investors are looking for.

Welcome to Texas.Sounds like a great plan.Remember you can 1031 the current investment property into the next deal to save on your capital gains taxes potentially. 

That’s probably much harder to find today unless it needs lots of work like mine did.