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Updated about 1 year ago on . Most recent reply

User Stats

40
Posts
19
Votes
April Birdsong
19
Votes |
40
Posts

LLC ? for first time investor

April Birdsong
Posted

I am looking at properties with plans for purchase in the next 3-6 months. Should I go ahead and get an LLC before I purchase/make offer or can I add property in later?

Thanks for your help

April

  • April Birdsong
  • Most Popular Reply

    User Stats

    820
    Posts
    396
    Votes
    Ko Kashiwagi
    • Lender
    • Los Angeles, CA
    396
    Votes |
    820
    Posts
    Ko Kashiwagi
    • Lender
    • Los Angeles, CA
    Replied

    Hi April,

    If you are using a financing that requires LLC vesting, it is a good idea to get started now. That being said, most loans take longer than 3 weeks to close, so you should have enough time even if you start at the time of you offer.

  • Ko Kashiwagi
  • 310-848-9776
  • Loading replies...