All Forum Posts by: Jeff Witherite

My company purchased an 11-unit multi in January. We were able to increase rents by 40%+ and have signed lease agreements in place with full occupancy. We would now like to refinance the unit based on Income valuation methodology. We seek to use excess proceeds from refi as down payment to purchase another smaller size multi property. I am seeking suggestions for lender(s) that would be willing to lend to our LLC with limited cure period requirement (6 months or less) using Income valuation approach with no / limited additional criteria. Thank you.

Thank you Nathan.  Very much appreciated. 

I am seeking recommendations for a Registered Agent to handle LLC setup and related filings for new real estate investment business that my partner and I would like to set up. We live in Ohio and both have prior real estate investing experience, but this is our first business venture working together, and would like to set up our LLC in Wyoming. Suggestions appreciated.

I am currently a resident of Ohio, but my business partner and I spend quite a bit of time in the Carolinas.  We have separately been involved in investment real estate for several years, and we are now planning to start a new business together with intent to invest in long-term multi-unit rental properties in the Carolinas.  I am interested to receive feedback as to the best state for registering our business at the top-of-house level.  We both live in Ohio, but I think there are probably tax and legal benefits to registering in another state, such as Wyoming.  I would appreciate feedback from forum participants as to which state is considered the best and why.  Thank you.