and have 2 applicants (co-applicants that are boyfriend/girlfriend). 

These investments are in a CF company that offers interests in portfolios of 10 SFR at a time, and they are co-owned by the managers who profit alongside me not from me.  

Simple, the board controls who they hire as a management co.

hi my names Joe, ive recently became a pro-member but have been on this site for a couple months now, i"ve listened to 100+ podcasts, mostly the ones that pertain to multi family and apartment complexes but have ventured into the other podcasts on flipping, wholesaling, etc.I'm bases in northern KY (Kentucky) and have established a good CPA and lender to help me with my future purchases. would also like to meet with some local investors if there are any around me, i've been in touch with a couple good friends who have became realtors and have been set up on MLS. but am always looking forward to meeting new people and analyzing areas that look like good places to invest.myself and a co-worker both are interested in getting into rental properties  I personally have 30k in my 401k that I would like to invest into real Estate as opposed to keeping it in.Both me and my friend don't have to much faith in the stock market and would rather take control of our investments.  

I apologize for not having a full profile in advance, as I have not told my co-workers about this yet. :-)ThanksLee

You can quit claim from LLC to personal if you're the sole owner...or co-borrowers are 50/50 on LLC and quit claiming as co-borrowers/individuals. 

There are multiple ways to approach this.Are you planning on offering a co-op tenant rep commission? 

He always gives me his insights from an insurance Co. point of view. 

On your first deal that you need traditional leverage, did you all have to personally guarantee the loan? It seems like most every bank I talk to wants me to personally guarantee the loan, since the LLC is new with no...

Hey everyone,

Brand new to the RE Investment world, coming in with a Licensed Broker background and currently active. Can't wait for my first deal!

Ashley C in Olympia, WA