Pro tip: People born in late-March, April and early-to-mid May make the best employees for an REI business.

Hey Evan, welcome aboard.Congrats on buying your first home.Wishing you all the best.

As mortgage rates trend down it's nice to have equity t tap into if needed to avoid using your own liquid reserves.Keep your money invested and gaining you interest while using the banks money to buy REI with a small portion of your funds for the down payments.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I recently answered a similar question, but think it may help you as well:"Most people focus on the market before they figure out the strategy/goal.

If you plan to pull all your money out, most likely you won't find anything on MLS, and you need to focus on off market direct to seller marketing or buying it from wholesalers.

For lending, your rates are going to be higher than if you were to buy under personal name.

And also you'll want to be cautious with adding 2 people to the LLC.

With rising home prices and construction costs, are you finding it more profitable to build from the ground up or buy and renovate?

The challenge is that most people don't want to fund a first deal.