Updated over 7 years ago on . Most recent reply
Setting up an entity to buy properties with a partner
Hi, a friend and I want to get started buying rental properties, hopefully having the first deal by fall 2018. We want to go in together and become a entity under a company name that we can grow with, not individual buyers. Would making a LLC make sense for this kind of situation or would it need to be something else to buy real estate through. Do we need to start as individual investors to raise money as needed and create some entity in the future or can we make it now? Any help with this would be appreciated thanks!