Updated almost 6 years ago on . Most recent reply
Starting up for the first time
My question is what comes first, Coming up with a name for my investment business, getting the business structure established(ie LLC), get a team together first or start looking for investment opportunities and go from there?
Most Popular Reply
@Juan L. Until you have a deal you have nothing. Why have an expense LLC or business name. What are you trying to protect. You are going to personally guarantee the mortgages unless you are paying cash. Yes a team will help. First get prequalified. Find a investor friendly realtor. Use a good rental calculator and look at 50 properties before buying. When your networth grows then look at LLC's, until then have good insurance. You can get an umbrella policy if you think you need more protection.