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Updated about 13 years ago on . Most recent reply

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117
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Jeff Arndt
  • Investor
  • Pittsburgh, PA
78
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117
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Can you owner occupy under an LLC?

Jeff Arndt
  • Investor
  • Pittsburgh, PA
Posted

Is it possible to own a property under an LLC name but still have the perks of owner occupied financing?

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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied
Originally posted by Steven Hamilton II:
You can't blatantly use owner oc financing under an LLC as it is clearly an investment..

Not necessarily. I could hold my personal residence under an LLC for various asset protection strategies...doesn't mean my personal residence is an investment (at least not in the traditional sense).

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