Regarding financing, my first was to discuss with the seller to consider seller financing at first, but it sounds like that is out in your case.Beyond that, and I guess as a first step for you, I would just start calling the local banks/credit unions to see what they can do in your situation.

I’ve looked into house hacking a lot and feel pretty confident that will be my first step into real estate as well.

I fell into the trap so many people fall into who never end up becoming successful, and that's the fear of failing and it keeping me from taking steps towards my goals.

You can also go a step further with a commercial umbrella policy if your net worth calls for it.I tend to be more worried that rates will spike, sending cap rates much higher and valuations much lower. 

I recently just started my company so that I can seriously pursue my dreams in real estate.

They are usually easy to work with and will explain everything to you step by step.

Hello, I've recently purchased raw land, and I am wondering what my first steps should be moving forward.

We thought we were following the correct steps by using our LLC to purchase the property, but should we have purchased it in our names and then transferred it to the LLC?

I'm just looking for anyone that has done this and can explain the proper steps they took.Thanks in advanceChris

You can count this as crucial step.