All Forum Posts by: Joseph Cahill

Hi everyone,

My partner and I have established an LLC for RE investing. We are looking to purchase our first turn key rental property within the next 2 months and are wondering:

1. When we get financing and purchase the property, is it through myself and my partner or the LLC?

2. When the purchase is complete, is the house in the LLC's name or ours?

3. What are the steps to putting the house in the LLC's name during this process if it is not done immediately?

We currently have the financing and the deal in place, but we are just looking to iron out the above so we know before we go into it. Thank you!

Hi Everyone,

Looking to purchase my first property in Baltimore, Maryland. Turn Key. Does anyone know of any good lenders in the area? Thank you so much!

Hi Everyone,

I currently live in Bergen Counth, NJ and am looking to get my RE license. Does anyone recommend good schools in the North Jersey area? Thank you!

@Ian Walsh Hi Ian - I hope all is well. Just sent you a connection. I will be meeting with my contractor tonight and reach out some time tomorrow to get the ball rolling. Thanks a lot!!

@Jay Hinrichs thanks Jay! And appreciate the advice, will definitely look out moving forward.

Hi Everyone,

I am currently meeting with contractors in North Jersey and am looking to close on my first deal in the next 2 months. Can anyone recommend a good hard money lender in the North Jersey/Bergen County area?

Hi Everyone,

I am looking to buy my first property in the next 2 months and was curious to get people's takes on forming an LLC.

1. If you form the LLC, can you purchase properties under it, or do you need to buy it as an individual?

2. Is there a benefit to having an LLC with your first property?

3. Can the LLC be both a General Contractor and a Property Management firm?

Just curious as to how to get started. I am looking to have my own business and am fairly green to investing. I currently work for a GC in New York City so i have a grasp of the construction side of things, but not so much the inevesting, buying, and business side.

Thank you!

I will be there! Looking forward to it.

Hi @Michael Boyer - I do not own a home, however I have considered house hacking.  I have a good amount of capital saved up and was looking to sock away a little more money before putting a down payment down.  I appreciate your advice and the statistic from the BP Poll.  Thank you and I will keep you updated on my journey. 

Hi @Kyle Ransom - Thank you so much for the advice.  I had read a lot about wholesaling, but was never taught the way to get started that best fits both making relationships and deals.  I greatly appreciate that and will keep you updated on my progress.  And I will take a look into setting up my business - I did not think of that as a moving part so thank you again for that piece of advice!