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Updated about 5 years ago,
LLC or Individual for Rental Loan
Hello,
I'm going to hopefully be purchasing a few turnkeys properties in the near future using DSCR Rental loans (is there a better name for these?). I've watched and read a lot of the negatives of using an LLC as an individual investor, and it seems to make sense to me to skip the LLC and use umbrella insurance instead. Any concern with doing this if I'm going the rental loan route?
For background, I'm self-employed for the next year so can't go the conventional path.
Thanks