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Updated about 3 years ago on . Most recent reply
LLC Creation for Out of State Investing in Ohio using Hard Money
I'm a new investor living in California and looking to invest in the state of Ohio. A lot of the Hard Money lenders are requiring for me to form an LLC in order to invest with them. I'm just wondering....
What is the best way to create an LLC to invest out of state? Do I have to register in both states?
Any other resources/links on the subject would be appreciated as well.
Thank you for your time,
Darren Yount
Most Popular Reply
I think it would be best to form the LLC in the state that you live which allows you to buy properties in any state. I have purchased properties in 27 states and live in only one state and have my LLC in that same state. So it can be done. If you need some type of private loan in Ohio please contact me here or on Linked In.