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Updated over 1 year ago on . Most recent reply

Angelo Revercomb's profile image
Angelo Revercomb's profile image
Angelo Revercomb
  • Member since Jan 7, 2023
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Angelo Revercomb's profile image
Angelo Revercomb's profile image
Angelo Revercomb
  • Member since Jan 7, 2023
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Angelo Revercomb
11
Votes |
19
Posts
Starting Out

Should I create an LLC before beginning my journey?

Angelo Revercomb
Posted

I was scrolling the internet and ran across some articles about how some people feel it is important to set up an LLC before beginning a real estate journey. I wanted to get some other thoughts on this!

1) Do you think an LLC is necessary?

2) How do you finance an investment property using a brand-new LLC? What are the banks looking for?

Let me know your thoughts! Thanks.

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Jayson Ewert's profile image
Jayson Ewert's profile image
Jayson Ewert
  • Real Estate Agent
  • from Colorado Springs, CO
  • Member since Jan 25, 2020
  • Posts 19
  • Votes 17
  • Experience 5 Yrs
  • Investments 5
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19
Posts
17
Votes
Jayson Ewert's profile image
Jayson Ewert's profile image
Jayson Ewert
  • Real Estate Agent
  • from Colorado Springs, CO
  • Member since Jan 25, 2020
  • Posts 19
  • Votes 17
  • Experience 5 Yrs
  • Investments 5
Connect
Jayson Ewert
  • Real Estate Agent
  • Colorado Springs, CO
17
Votes |
19
Posts
Jayson Ewert
  • Real Estate Agent
  • Colorado Springs, CO
Replied

Nope. Don't worry about step 10 if you're at step 1. If you focus too much on your future problems, you'll be too scared and overwhelmed to start.

3 Votes
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