When tapping into your home’s value, you have two main options: a home equity loan and a HELOC (home equity line of credit).

As Realtors, we negotiated a great deal in a competitive situation on our own.How did you finance this deal?

Victor’s point on inventory is spot on.  

(Couldn’t really afford the place, didn’t have good enough credit to be worried about an eviction, etc etc..)2) They should have posted a 5-7-10 (depending on local laws) to “pay or quit” as soon as the ent was late and started eviction.

Congrats on your first deal!

You can't do any work on the property yourself, you must outsource everything.

To invest in Richmond, join REIAs, engage on social media, attend events, learn from resources, connect with agents, explore neighborhoods, and connect with professionals for appreciation, rental demand, and strong cash flow.Good Luck!

If you don't want to use an attorney, you can make an LLC through the secretary of state website https://www.ohiosos.gov/businesses/information-on-starting-a... or other software platforms like zen business and rocket lawyer. 

Then it'd on them to either take it or not.

I’m going to lend  to a few people I know with LLC ‘s  on some mortgages and receive interest , I am not putting myself out to public lending just some commercial loans as LLC single member pass through  , do I have to pay local taxes in Florida , I have no brick and mortar , no employees , just LLC in Florida and live in Texas , there is no work involved I just receive interest .