Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Alexander Scheiba
  • Louisville, KY (Louisville)
0
Votes |
2
Posts

LLC and House Hacking

Alexander Scheiba
  • Louisville, KY (Louisville)
Posted

Hello!

I’ve been learning about real estate off and on over the past few years while finishing my education. I’ve just recently buckled down and got serious with real estate investing.

My plan current plan is to find a multi family home live in a unit and rent the others out. I know this is a common strategy, but I was wondering if I should acquire the property through an LLC. My plan is to eventually start an LLC, so I see it as the sooner the better. But I'm pretty sure if I go the LLC route, the LLC will not be able to use an FHA loan. I think I could find money through a private lender, but the FHA loan seems easier to obtain, to me.

Please let me know your thoughts on this! Thanks

Loading replies...