Looking to embark on my first deal. A home run. Issue is can't figure out the legal stuff . LLC business loan or PersonalnLoan.......any suggestions.
Hey @Braheim Wilson
My suggestion, and the suggestion of many investors much more successful than I, is to not sweat the LLC business loan or personal loan stuff. Just go out, find a deal, and go with what makes sense for the deal.
Are you considering house hacking? It's a great way to get owner occupant financing that is pretty straight forward. That would be my personal suggestion, but however you structure it isn't the biggest thing. The biggest thing is just getting started.
Welcome to the site and check out the getting started guide on here. It's fantastic and will probably help you a little bit with some of these questions.
Best of luck!
Also, 109 doors is an interesting number. Keep at it and hopefully one day you'll have 1009!
Thank you. I read bigger pockets books. Listen to pod cast. Juat really havent put the puzzle together and its difficult. I pray to have 1009 doors. So i have to punch nobodies clock any longer.
Hey @Braheim Wilson it is really hard to put the puzzle together at first, and I can say that I've learned more from my first deal than everything I read before that.
Again, if you are super confused house hacking is a good way to learn by doing with training wheels!
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