Down here in San Antonio, most first-time investors I run into typically will have $50,000 - $60,000 in cash to be able to comfortably afford putting a down payment and having funds set aside for renovation cost.My question to you would be, how much funds do you currently have set aside for a real estate purchase?

FYI - transfers into LLC’s are always subject to payment of Pa.

Borrow against or save up for down payment $.

This also allows you to obtain an owner occupant loan, which comes with lower down payment requirements and lower interest rates. 2.

@Chris Seveney, as I am continuing to learn, I would not totally rely on audited financials, UNLESS, the audit goes all the way down to the property entities themselves and are auditing the cash flows from tenant payment through to full investment level, including owner contributions and distributions.  

Do you trust their advice so far?

You then can screen the renter, make and state-specific lease through Keycheck (another small fee), and collect payment through Stripe. 

Really dont want to walk around with 10s of thousands in cash... 4) Does anyone know what type of deeds Lancaster County PA releases after the sale/payment in full?

Hi @Joseph Bui,I'm planning a 20% down payment on the property.

In over 10 years of being a landlord and self managing in NJ we have collected every payment of rent never needing to go through an eviction.