All Forum Posts by: Ryan Parks
Ryan Parks has started 2 posts and replied 7 times.
Frank from what i can gather is that the lender will not let you get put the loan in the llc. This way if things go wrong with the investment the loan is in your name not the llc and they can recoupe moneys that way. That being said from my understanding is that you can put the investment property in the llc. Hope this helps. Maybe someone can explain a little better.
Great advice guys. Im getting some really good insight listening to BP podcast 49.
Thanks for the quick responses. @joshua McGinnis Im going to be getting into some buy and holds. Looking for those cashflowing properties. Looking to set up for long term that i can pass down to my son.
Just need a little advice on how I should go about setting up my LLC in Ohio. Laywer, online or any other options. Thanks guys!!
thanks Ryan, I will be giving you a call!
hello Andrew thanks for responding so quickly I live in the 43623 Zipcode. I have been looking in this area aswell as 43613 and 43612. I would like to pick ur brain a little bit. I will pm you in a bit.
Hello all,
My name is Ryan, have been lurking for a couple of weeks. After reading a lot of great info and numerous books I think im realy close to jumping into single family homes to start out with. Was wondering if there is anyone in the area that would like to network together or bounce ideas off each other. Everyone have a happy new year!!