What are the benefits of buying property as an LLC vs you?

[Kyle Swarts]

As title says. What's the benefit of purchasing as an LLC vs individual and vice versa?

Also if you purchase a home through an LLC, are you still possible to purchase a home as an individual using FHA?

[Melissa Barnard]

@Kyle Swarts The benefits of purchasing a home through an LLC is to protect yourself and the assets you own. If something goes horribly wrong then it's your company that goes down. If someone tries to sue you for something then they have to sue your company. A lot of investors will do this to be smart on the liability side as well as potential bankruptcies. Some investors will also create an LLC for each investment property they own or maybe will group some together. On the flip side, if you signed as yourself, you are personally 100% liable for everything.