He will review them with his personal real estate attorney and if all is good he signs them.

I am currently in the education phase of my journey into RE and I am excited to learn as much as I can before jumping in.

I have plenty to learn but if I can ever be a switchboard or resource please let me know.

Would love to sit down and have coffee with you and pick your brain.Would love to be able to have a mentor in this space as I start on a new journey in this Real Estate Investing World.Willing to work hard and take advice and act on it.Let me know if you know of anyone one or maybe you are that person.

Also with the brrrr strategy will I get a DSCR loan to pay back the personal loan?

This means that to benefit from the separation between my personal assets and the company’s assets, I need to establish the LLC in New York State.However, I’ve found that the start-up costs and procedures for opening an LLC in New York State are significantly higher and more complex compared to other states (such as the requirement to advertise in several newspapers for an extended period).

I asked because there are some things to consider if you plan to use the replacement property yourself during the off-season -> this thread list out some of things to consider if you do a 1031 and convert to primary/personal use

Lastly - sis is trying to buy the building from usoriginaly (day one after auction) we thought it would be a good idea)now after we have seen the property and know what a good deal it is - we prefer to keep it instead of the quick flipIt is hard to get our hands on a well priced multifamily and we thought this would be a good intro for us into the buy and hold.We could sell to her for a quick few bucks - but I want to learn the process. 

Hey Arron,I have not personally heard of them but would recommend looking into their online presence/reviews.

I am working in a couple of 10,000 person cities and looking for very specific types of properties (3-10 or so unit properties).