If this was a million dollar piece of land, thats an issue. 

There is a lot more paperwork for these traditional mortgages and they will probably take 2-4 weeks longer, but you could save quite a bit in fees and rate.Otherwise, DSCR or a commercial loan is the way to go.You may be engaging in overkill if this is your first property and you are trying to put it into an LLC.

By doing this you'll start to see which strategies might better align with your resources (time, money, energy, connections, etc) and your future goals.

This isn’t your average “buyer and seller” market; it’s about connecting with people who have serious goals and the resources to reach them.

Simple things like this are why you hire a realtor.

This was very common in 2008-2011 when values declined

I will be in Cincinnati from 11/1-11/3 attending the REIAGC this year and would love to meet with any Real Estate professionals and investors while I am in town.

I know an LLC is not necessary to invest in rental properties, but I’ve decided this would be a better option for me in the long run.

My goal for 2025 is to purchase an out of state rental to explore new markets!

I have been listening to BP since i was 15 and I am so excited to learn and grow in this community and hopefully to eventually invest with some of you as well.