I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?

However, due to keep purchasing real estate, my DTI is high and close to 50%.

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Does the LLC legally own the property that was purchased? 

Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.

I can lend up to 100% of the purchase price and 100% of the rehab costs for experienced investors on 1-4 unit properties.

First, congratulations on purchasing your first property together.

My goal is to purchase 15 units in the next 5 years, and produce a cash flow of $20k per month within the next 10 years.  

I’ve been a member since November of 2024 and my review of Rent to Retirement was based on my experience purchasing a rental from out of state which went very well compared to other experiences I’ve had to go through.