Taking all the steps that I need to take that u cant know until you start your journey . So first I opened an llc online and going through that process (which is more than I thought , I have to advertise my llc is 2 newspapers for 6 weeks ) that's so I can get pre qualified for a hml loan . I'm doing that because I can get a mortgage my self only have a w2 for 6 months . Going to use my savings and some family member for the downpayment ( my area is expensive looking at houses between 250k which is very rare and 400k ) . Reading and listening as much as I can .
I assume that because you are using a HML you are looking to flip? If so have you done the analysis on properties that are currently on the market?