It's an exciting step towards financial independence.To do so, determine your goals, assess your financial situation, and research the market.

I have a 3rd LLC (non retirement) created in NV, working on buying RE in Detroit, MI. once the purchase has consummated, I file the foreign LLC filing with MI state, do i need to file for FINCEN too??

Hey everyone,Me and my wife just purchased a 3B house in Charlotte, that requires quite a bit of work, and we are looking to expand our network here, as we are new to Charlotte, so this is sort of out-of-state investing for us.

In other words much safer to purchase a property in the name of your LLC than to purchase in your name and transfer to LLC. 8.

Plus, the real estate market here is still relatively affordable compared to many other major cities, allowing for more attractive purchase prices and potential returns.

In addition to the high cost of building, the low appraisal reflects there are many more owner occupied purchasers than investor purchasers so adding the ADU likely reduces the buyer pool. 

Hi Damion, There are flexible financing solutions for investors on fix and flip purchase transactions. 

You will always use a title company but depending on the state it will determines if they will handle the closing. 

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

I am purchasing a 4plex tomorrow and will be moving into one of the units.