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Updated over 6 years ago, 04/06/2018
Best way to borrow-LLC or personal?
Hello All!
What is the best way to secure a loan under an LLC to reduce liability? I know that many banks do not lend to LLC's and transferring a personal loan to an LLC can trigger the due on sale. It's rare that banks call on this, but at least in the early days of my investing I'd like not to take any chances.
How do you borrow and reduce the liability as much as possible?
Thank you for any insight or suggestions!
-Eric