Hi,I am planning on setting up a multi-member LLC either in North Carolina or South Carolina to house the rental properties under, and wanted to reach out to the community about which state is more favorable to holding rental properties - assuming that the property can exist in either state.Thanks in advance!

In short, Freddie Mac & Fannie Mae offer 70-80% LTV, 1.20-1.25x DCR, 30-year amortization, 5-30 year term, partial-full term IO, non-recourse permanent financing for owners of multifamily apartment buildings throughout the United States.

Can you sell your currently live in property to your LLC?

I recently went into a 50/50 LLC with a college friend to buy our first property in the college town we attended.

Do you also work with a property management company?  

Diverse potential property that can be turned into a STR, MTR, LTR.

I would like to get my first investment property before the end of the year. 

I have a 90-day option to market a property, but Zillow is requiring that I provide a valid listing agreement showing that I "have exclusive permission from the owner to list the property.

Welcome to BP - do you have your eye on any specific properties already?

My calculations are based on 2 sets of numbers - the numbers the seller has provided, and my own calculations accounting for 5% for vacancy, 5% for repair, 5% for capex, 10% for property management and actual costs for property tax/insurance.I am trying to decide if this deal is worth pursuing or if I should walk away due to the premium on the homes.