Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

2
Posts
0
Votes
Jenny Amado
  • Fontana, CA
0
Votes |
2
Posts

Starting an LLC or own under my own name

Jenny Amado
  • Fontana, CA
Posted

I am trying to plan out my start into Real Estate.  

My plan is to save some more money over the next 6 months to purchase a cash property while at the same time just register for an LLC and work on building a credit line over the next 6 months just so that my LLC has some sort of credibility out in the credit world. I was thinking of purchasing my first property and having it under my LLC and use the BRRR method.

But I've been reading how difficult it is to find a bank to refinance and cash out with an LLC so I was thinking maybe I should just stick to doing it under my name for the first 3 properties and then just grouping them together under a portfolio at a later time? Any thoughts?

Loading replies...