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Updated over 4 years ago,
LLC and House Hacking
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