To LLC or not to LLC?

[Dillon McGough]

Hi all,

I'm currently at the point where I'd like to actively pursue my first investment property, but I'm wrestling with whether or not to set up an LLC. From my understanding, if I'm going to set up an LLC, that's the first thing I need to do before I get preapproved, since it has to be through the LLC? Just looking to see what people's thoughts are on this. It seems for a lot of people that an LLC is more for peace of mind. Thanks in advance for comments!

Dillon