Setup My Investment Property as an LLC

[Chan K.]

Hi BP Friends,

I would like to setup my investment property under an entity or corporation. I want to protect myself against tenant liability and asset separation protection.

Does any BP friend know of a good attorney/lawyer that resides near Lowell, Leominster or Worcester MA that familiar with this process (setup LLC)?

If you do, would you be able to share their contact information with me?

I met this attorney who attended my local real estate meeting, but she was busy all the time when I called. I left her two messages already, but she did not return my call yet.

Thank you ahead of time.

[Shaun Reilly]

Chan are you looking to deed a current property into the LLC, to acquire a new one in the name of an LLC, or many both?

One word of caution if you want to buy straight into an LLC is that you won't be able to get conventional financing. Only option will be portfolio (maybe), commercial, or private/creative options.