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Updated over 4 years ago,

User Stats

12
Posts
3
Votes
Matthew Johnathan Newton
  • Rental Property Investor
  • Woodstock, GA
3
Votes |
12
Posts

Rental mortgage question

Matthew Johnathan Newton
  • Rental Property Investor
  • Woodstock, GA
Posted

I've been looking into purchasing my first property so I started an LLC to help protect my personal assets from potential lawsuits. I was going to purchase it through the LLC. The banks have said the mortgage needs to be in my name but the title can be in the LLC, will this work to protect myself if I were sued or does both the title and mortgage need to be in the LLC's name?

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