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Updated over 4 years ago,

User Stats

9
Posts
1
Votes
Eduardo Conde
  • New to Real Estate
  • Alexandria, VA
1
Votes |
9
Posts

TO LLC or TO NOT LLC, that's my question

Eduardo Conde
  • New to Real Estate
  • Alexandria, VA
Posted

First post, long time lurker and hopefully soon an RE investor.

CONTI am looking to get a few Buy and Holds at under 100k per property. I've read that to limit my risk, I should title them as their own LLCs or at least have a separate LLC for the properties so I don't expose my other assets (primary residence, retirement, etc). However, as I am looking into financing, whether to buy out-right or to do a BRRRR, I haven't had much luck finding a lender that would allow me to do this as an LLC.

  1. For those that have been doing Buy and Hold or BRRRRs for a long time, how do you title your properties? 
  2. Do you get the loan under your name and retitle to the LLC afterward? If so, are there any risks (bank calling the loan or something like that)?

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