Purchase price: $126,000 Cash invested: $36,000 My first Investment Property and it should be a solid single.

I’m reading a ton about LP, Corporations, LLC’s,  then S/C Corporations, REIT etc. but still confused on which to file under.Any lawyers of CPAs have solid advice for different scenarios where one business entity formation works over the others? 

Hello BP Community,My partner and I each own or own home, have one buy and hold under our belt, and have been studying the BRRRR methodology, which is how we plan to scale.We're interested in a duplex (built in 1915 - not an uncommon age for our market) that needs a pretty solid overhaul.

They were by far the cheapest quote I got and did a solid job

> I always caution investors in over-leveraging their investment properties unless your math and proforma is rock solid. 

That is assuming your criteria is rock solid (location/neighborhoods, rent, expenses, etc.).

I will figure it out as I go and hopefully get a solid process in place over time.  

That way you can help your family out while also getting some money back as a solid investment.

We didn't have a solid network established at this point and it cost us by substantially increasing our holding and rehab costs.

He got his principle and interest back in 8 - 10 month (I don't remember the exact time from because it was about 3 years ago) and he was happy about it.I know that people will say that using credit cards is risky in general, but when it comes to using credit cards in order to invest in real estate, as long as you have a solid plan, I think that it can be a great way to get started.