If you lived here and was going to get heavily involved in the management of your portfolio then your chances of success are much higher.

We don't know anything about your property, you, your business, your risks, what you care about, etc. 

You are taking a business risk by signing a contract with them. 

Hey everyone, any thoughts on taking out a business loan for buying your first rental property?

Getting into business with family only ends in one of two ways, and its often times not positive.

There are 6 key areas of having your own real estate business that I recommend reviewing periodically to ensure you are on the path to growth and sustainability.

Which will bring plenty of other investors and general business to the area.

I’ll reach out to some hard money lenders and definitely look into the FHA 203k Another option that I was recommended by my hard money lender today- was to open a business credit card for smaller loan amounts.

Hey Justin, im kinda new to the business also and im from NJ but i been doing alot of research on title companies and attorneys.

The reason I thought about putting the other house (not the residence) in an LLC, at least any expense can be considered business expense. appreciate your input.