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All Forum Posts by: Nicholas Ritieni

Nicholas Ritieni has started 2 posts and replied 3 times.

Post: First Time Conneticut Rental Property

Nicholas RitieniPosted
  • Rental Property Investor
  • Massapequa, NY
  • Posts 4
  • Votes 3

@Mat O'Grady

That is awesome! Very interested to hear more about others experience in the area. I will message you my information. Thanks!

Post: First Time Conneticut Rental Property

Nicholas RitieniPosted
  • Rental Property Investor
  • Massapequa, NY
  • Posts 4
  • Votes 3

Hello Fellow Members!

I am in the market to purchase my first rental property. I currently live in Long Island, New York and am looking to invest in New London, Connecticut. I am looking to connect with anyone that has experience in the Connecticut area.

I currently work for a major multi family lender and hope to create a successful network group!

Thanks in advance!

Post: Setting up an LLC (2 Party)

Nicholas RitieniPosted
  • Rental Property Investor
  • Massapequa, NY
  • Posts 4
  • Votes 3

Hi fellow investors!

I have browsed through BiggerPockets for a couple months now and am finally in the position to purchase my first rental/investment property. My partner and I are from Long Island, New York and looking to purchase in the Connecticut area. This is a 50/50 agreement with both bringing equal capital. We both own our own homes on Long Island and are trying to determine if we should set up an LLC or another sort of corporation structure prior to starting the purchase process. We eventually want to be able to hold a small portfolio under an LLC. We want the protection of an LLC to protect our current assets but are unsure how a mortgage can be received through a newly formed LLC. Any thoughts/direction is greatly appreciated.

Thanks!