These are questions that you should have asked before getting into business with a partner and flipping a house.Whether the partner has an LLC or not is not important to you unless you are listed as a member of his LLC.How did you both acquire the property?

I just acquired a little 2 bedroom condo last month on owner financing with $7,250 down and the owner is carrying the note for me for 12 months. 

Definitely interested in the local networking and how to acquire financing.

I'm currently building up my reserves, and once that's in order, I'll be ready to acquire my first property.

Then this week I read one of Mutual company's I use is buying what BITCOIN it Makes me think.169-Year-Old Insurer MassMutual Invests $100 Million In BitcoinDECEMBER 10, 2020 • OLGA KHARIFMassachusetts Mutual Life Insurance Co. has purchased $100 million in Bitcoin for its general investment fund, the latest mainstream firm to dabble in digit assets.The mutual insurer also acquired a $5 million minority equity stake in NYDIG, a subsidiary of Stone Ridge that provides cryptocurrency services to institutions, according to a statement.

I leveraged a HELOC on my first property in the amount of $200K and utilized that as a warchest to start acquiring cash flowing multifamily.

What was your strategy to acquire duplexes? 

During the past four years we've helped investors acquire 50+ apartments throughout Oregon. 

Got some IO and also 30 year amortization for some of the BTR product we have acquired. 

I have had to take my rentals out of my LLC's to acquire a second on one rental and a HELOC on another.