![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1606252/small_1621514106-avatar-chriso160.jpg?twic=v1/output=image&v=2)
I’m looking to set up an LLC to purchase out of state properties. What is the best state to form my LLC? Should I set up in my home state of California or is it worth setting up in a different state?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1395737/small_1710362714-avatar-lexlouisville.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Cash invested: $25,000
Subject-to deal. Purchase price $0; Rehab costs $25,000; Rented for $900/month; Monthly mortgage ...
Investment Info:
Single-family residence buy & hold investment in Atlanta.
Purchase price: $240,000
Cash invested: $80,000
Portfolio of 7 homes. Sold 2 Homes. Plan on holding on to the other 5 to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/998635/small_1621507125-avatar-kcredude.jpg?twic=v1/output=image&v=2)
I found a house in a nearby neighborhood that had some fire damage. An elderly resident managed to set two fires within the course of a weekend. The house is now boarded up and vacant, with a sign on the door that t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2252102/small_1632616280-avatar-kentao.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence buy & hold investment in San Diego.
Purchase price: $675,000
Cash invested: $9,000
The first property I purchased! I didn't know how to negotiate so I onl...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/877509/small_1621504840-avatar-gregm142.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence private money loan investment in Newport News.
Cash invested: $75,000
Contributors:
Marsay Winder
UPDATE: (10/01/2021) Renovation complete and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/886827/small_1621505003-avatar-rogerh32.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment in Indianapolis.
Purchase price: $100,000
Cash invested: $350,000
We scrapped a 1895 single family home in a downtown neighborhood...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2233666/small_1631470979-avatar-brooksw10.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment in Charleston.
Purchase price: $270,000
Cash invested: $138,000
Sale price: $528,000
This flip property was my first and thankfu...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1677191/small_1621514708-avatar-deandrel33.jpg?twic=v1/output=image&v=2)
So BP i was wondering which would be better as a first investment property? Also which strategy would a Lender be more flexible on.. based on credit score..ect
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1191316/small_1621510048-avatar-boonet.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment in Mcallen.
Purchase price: $82,000
Cash invested: $45,000
Finished and shooting photos today to list for sale. Hoping to sell aroun...