Purchasing property with LLC

[Brittney Wright]

Hi, All!

I just closed on my HELOC and am in the process of setting up an LLC so that I can start purchasing small multi-family properties (Duplex, triplex, etc.) I am looking for advice on how to use my LLC with these purchases. Do you recommend purchasing the property under the LLC? If so, what type of financing challenges have you faced with this approach? Do you recommend purchasing the property first and then transferring it to the LLC? If so, what are the pros and cons of doing so? Or do you recommend purchasing the property personally and just running the business through my LLC? Thank you!