Pros and Cons of Putting Investment Properties in LLC(s)

[David Martin]

Hello! My wife and I are planning to purchase a rental property or two in the near future and are considering purchasing them through a real estate LLC that we establish. I understand that most banks won't offer conventional loans to LLCs -- thus, is it pointless to purchase these properties via an LLC when we're just starting out?

[Tim Johnson]

Quote from @David Martin:

Hello! My wife and I are planning to purchase a rental property or two in the near future and are considering purchasing them through a real estate LLC that we establish. I understand that most banks won't offer conventional loans to LLCs -- thus, is it pointless to purchase these properties via an LLC when we're just starting out?

 Most here on BP will think so. Why not check out the excellent response that @ Nathan Gesner offers almost weekly to folks on this forum that ask this same question. Here is the most recent thread: https://www.biggerpockets.com/...