Profits are used to acquire more properties to house homeless veterans and to build adaptive improvements for severely injured warriors.

Hello All,I am acquiring an investment property from a builder and I wanted to have it owned by my recently created LLC.

The leverage allows for a greater number of properties to be acquired and this is absolutely the right strategy for him.

Acquiring a multi-unit property (2-4 Units) as your first deal is a great way to get started.

Getting a bank to go there isn't easy for those new in the business as Chris mentioned.Creative financing is the use of assets and in some cases your abilities and experience in facilitating an acceptable financing arrangement in a transaction.Several ways to lower your entry expenses, seller financing, assumptions, obtaining rights to profit from a contractual interest, cross-collateralization, trading properties, sweat equity from construction or management contracts, acquiring liens, partnerships.....commercial opens other avenues and the list goes on.Great point John!

Our goal is to acquire 10 properties in 10 years.

Let me clarify:The property I am attempting to acquire is encroaching on someone else.

I own more than 20 units but acquired them all last year.

They had been interested in acquiring the property themselves, (they developed in a downtown location and are a little bit landlocked), but had begun a huge renovation on campus when the owner of the property finally considered selling.

This could be a good position for someone who is new and looking to learn more about real estate.Below are some more details about the position:I have acquired a lot of rental properties for my own portfolio and my investors' portfolio.