According to Section8Karim: Retrievd 3/12/2025 - instagram
1. Form an LLC and get an EIN
2. Open a Business Checking account
3. Get a DUNS Number to establish Business Credit Profile
4. Build the business credit - Get 0% interest funding and vendor credit - Tradelines
5. Obtain a mortgage loan in LLC name
6. Find the Turnkey Rental $100K - use Investorlift.com or Roofstock (SFR) - single family rentals
7. Make an offer through your LLC
8. Close the deal: Finalize the purchase using a title company & ensure the property title is recorded in your LLC's name.
9. Rent the property to be a Section 8 Tenant (Affordable Housing.com)
10. Keep the remaining the $500-$800/month cashflow with $8-$12 down
Section
Section8 Karim - ;https://www.instagram.com/section8karim/