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Updated over 4 years ago,

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Patrick Vera
  • New to Real Estate
  • New Jersey
0
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Does Purchasing with LLC Affect Personal FTH Loans?

Patrick Vera
  • New to Real Estate
  • New Jersey
Posted

Hey guys, sorry if this is a stupid question but I could not find an answer to this through a preliminary Google search or on the search bar of this sites.

If my partners and I form an LLC and pursue to purchase a property with it, will it affect our ability to be eligible for a first time home buyers loan later on down the road?

Currently we are each individually renting but would like to keep this option available should either of us want to purchase a home in the future. I would assume no because the LLC is its own entity but just want to confirm. Thanks guys!

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