All Forum Posts by: Jack Tulloch

Nice looking deal!

Welcome Jackson!

If you want the loan to be in the LLC's name vs personal then yes.

Welcome Jamar!

Hey Eric! Welcome to BP. Congrats on pulling the trigger on your first property.

I have seen people do this successfully and have also seen the inverse. Definitely a high risk high reward type of project. I think Michaels advice is excellent as far as going by the book.

@J. Mitchell Bernier That's a good point. There is so much speculation that it's really hard to tell exactly what the FEDS stance is. I do agree though that the FED believes there is still work to be done.

After a positive November 10th CPI print, the upcoming December 13th CPI print (followed by FED day) will have a significant impact on the outlook of the real estate market and the rate environment.

What do you all expect from the upcoming CPI print and FED meeting next week?

https://www.mortgagenewsdaily....

I think a small bank or credit union would be your best bet for a smaller loan like that. 

David - welcome to BP. I would suggest going to some local real estate meet up events in your area. It is a great way to meet other investors and potentially find someone willing to bring you under their wing. Good luck!