Updated about 3 years ago on . Most recent reply
LLC or raise money
Hello I’m new to the forum. I want to start get into real estate but I have $200,000 in student loan debt. It’s hard to keep up the payments without working 2 jobs. I want to be able to quit working and work on real estate. So should I make an LCC and get a business loan or should I try and save up for a 3.5% down payment and doo the brrrr method?
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Id think a house hack would be your best option. This could equate to building equity, lowering your current rent, and learning how to be a landlord.
At this point you should not be concerned with an LLC but rather getting out of debt, saving money, and finding properties that could make sense.