I started a real estate investment group that consist of five of my friends I grew up with. We want to buy and flip houses and then do the brrrr. We were going to start a llc with all members listed on it but I read somewhere that said you can not get a 30 mortgage with and llc. Any advise?
Rental Property Investor · St. Louis, MO · Member since 2014 · 741 posts · 424 votes
6y
There is a good book for that @Jamel Hook What is each of you bringing to the company, skills and capital, and how do you want to split the payouts. All of this is laid out in readable examples in 'How to Start Your Own Corporation' by Garrett Sutton.