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Updated over 8 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Daniel Leon
  • Mesa, AZ
5
Votes |
18
Posts

Just getting started question in Mesa, AZ.

Daniel Leon
  • Mesa, AZ
Posted

Hey, biggerpockets nation. We are just getting started and were curious if we needed to form an LLC or other business entity first? Or do we just need to jump off the cliff and figure out how to fly along the way... Any and all advice would be deeply appreciated.

Thanks for your time.

Most Popular Reply

User Stats

220
Posts
122
Votes
Justin Owens
  • Real Estate Agent
  • Gilbert, AZ
122
Votes |
220
Posts
Justin Owens
  • Real Estate Agent
  • Gilbert, AZ
Replied

I didn't bother with the LLC until I had a property under contract. They are fairly easy to form in AZ and don't take too long. Depending on financing, you may or may it even be able to hold title in the LLc.

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