All Forum Posts by: Angelo Llamas

Quote from @Steve Vaughan:

With 3 partners, I'd probably run everything through a holding / mgt entity which would have its own bank acct.  

No need for a separate bank acct for each little rental unless you never want to utilize conventional GSE financing because you're keeping each in an LLC.

Each LLC needs its own bank acct and will limit you to commercial or DSCR financing options only.

So after getting a mgt entity how many properties would you recommend to hold in it is more not safe in regards to asset protection. And if you did have more then one property in it would it run through multiple banks accounts sorry a little confused thanks 

Me and my 2 brothers are starting to invest an we are curious as too as we start acquiring more an more properties do you need to have a separate bank account for every property or how do you keep track of them other wise. 

What does everyone think about Fresno California an for rentals an small multi family. considering buying there an thoughts on appreciation in the area ?

In order to diversify my portfolio I want to have cash flowing properties along side with heavy appreciating properties for equity growth. Now my question is to begin with is it a better idea to buy the cash flowing property first save my profits along with my W-2 job an then has time goes on purchase, say a single family property in a great appreciating area. Or do you start with the high appreciating property an as time goes on reap the benifits of equity an then purchases the small multi to protect yourself an have some cash flow coming in more so then the single family? 

Thank you 

Should I get pre approved or work with a lender in the market I want to invest in or is it fine to use a local lender that’s works for me 

Should I get pre approved before I even find a deal or do people usually wait until the deal comes across there desk an then during the offer they do a finance contingency during the offer process

I’ve grown pretty familiar with David G core 4 idea an what it comes with. My question is should you find your lender before u find your deal finder or visa versa. What has worked for you guys 

Where can I find houses that cash flow a little but appreciate pretty well for under 190,000