If you don't like this approach, you can always join the wait list for one of our next offerings. ;-)

I cannot wait to see it in person and get the ball rolling on this STR fun!

Can I add the duplex into the LLC at any time or do I have to wait 1 year?

The money for these projects is also in the general savings account.Property #1 will have to wait for 6 months to season for my refi since I didn't get reno costs on the HUD-1 but all projects going forward will be set up to qualify for delayed financing.My question is how does everyone else manage and track the money?

Let your secretary sit in the closing office waiting for that money transfer to get signed over.

However, many mortgage brokers have been telling me that I need to show them 2 years of work experience out of college as a real estate agent and I simply do not want to wait two years to buy real estate because I have money ready for a down payment.

Another related question is--when you are a prospective LL to a tenant and you say we'd like to offer you the apartment, and then you spend several days waiting for ESA documentation, how long are you actually reasonably supposed to hold the apartment for them before you just go with another tenant?

@Daphne Williams I'm in almost the exact same boat, I'm waiting until this fall to invest my money because I'm currently deployed but I just wanted to comment here to bring more attention to this post!

I have my first wholesale deal both contracts has been signed I’m waiting on the closing date.

Seeing that this property is pretty old, sounds like more inspections might be needed.But if you plan to rehab the entire property anyways, you could wait until after closing to get additional inspections and estimates done.I hope that helps!