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Incorporating and FHA loans?
Hello. I am a complete newbie to real estate. I listen to Bigger Pockets podcasts everyday back and forth from work. I read richest man in Babylon and am half way through rich dad poor dad. I just purchased Brandon Turners book on real estate investing for beginners. Im really excited in starting my new investment path.
I know there are many benefits to incorporating however I was not sure if I can start a LLC and then purchase a multifamily with a 3.5% loan and live in it. I thought if I incorporate that I would need to put 20% down? If that is the case can I buy a property at 3.5% FHA and then transfer it into my llc?
Thanks