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Updated almost 11 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Narragansett, RI
3
Votes |
7
Posts

Business Plan ETC.

Account Closed
  • Real Estate Investor
  • Narragansett, RI
Posted

Hey Everybody, I am a young investor looking to get the ball rolling on my Business LLC and I need some opinions. The goals of my LLC are to acquire a single or multifamily rental or flip in Rhode Island, Mass or CT. This will be my first transaction and I want to make sure that I am prepared and learn as much as I can from it.

- The LLC that I am planning on starting is going to be an S-Corporation

-I have yet to define which style loan I am going to get...so I am open for suggestions.
-What can I do to prepare myself and my LLC prior to going to the bank?

-I have the set parameters for a property defined. I built these from many of your blogs..Thank you!

-Now for the Taxes.... What tricks can I do to prepare for the taxes when I set up my LLC (S-Corp) and loan?

-Now the Exit... my favorite part. I have yet to define this critical set in my evolution. I want to define this step from a collection of others experiences. For my situation what do you think would be the best and most efficient exit strategy for my LLC?

Thank you,
Hunter Sperry

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