Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago, 12/16/2020

User Stats

5
Posts
1
Votes
Uma Subramaniam
  • Investor
  • Dallas, TX
1
Votes |
5
Posts

LLC structure for Single Family Portfolio

Uma Subramaniam
  • Investor
  • Dallas, TX
Posted

My husband and I are real estate investors in Dallas-Fort Worth area in Texas. We currently have 15 Single Family rental properties on our personal names and are in the process of getting a commercial portfolio loan for 70% LTV. We are exploring options to set up the correct LLC structure.

1. Single LLC to hold all 15 properties - Lender prefers this to keep the underwriting simple and helps us with lower origination cost

2. Series LLC - Seems not every one is on the same page (CPA, Attorney, Lenders, Banks, Title Company, etc) - An Attorney is asking $6,500 to set up the LLC and series. Any recommendations?

3. Single Member Disregarded LLCs for each property - Will a single mortgage for all properties affect asset protection?

Any suggestions on an efficient LLC structure both from the asset protection and property management perspective? Thanks in advance!

Loading replies...