When to establish a LLC

[Brandon Purdeu]

I'm searching diligently for my first flip property. My agent and I are going out this afternoon for the 3rd time, just being patient and I want my first one to have a little extra padding for mistakes which I'm sure will occur. At what point in time do you recommend establishing a LLC? The pro's are obvious by protecting my personal assets and liability. Should I setup the LLC now and do my first deal under the LLC or just play out the first one to test the waters? Thanks for any tips! Brandon