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Updated over 7 years ago on . Most recent reply

Daniel F. Harb's profile image
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Daniel F. Harb
  • ARRT, RT(R) / Rental Property Investor
  • from Newport Beach, CA
  • Member since Oct 6, 2017
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Daniel F. Harb's profile image
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Daniel F. Harb
  • ARRT, RT(R) / Rental Property Investor
  • from Newport Beach, CA
  • Member since Oct 6, 2017
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Daniel F. Harb
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
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Land & New Construction

Create an LLC BEFORE purchasing a Multi~Unit?

Daniel F. Harb
  • ARRT, RT(R) / Rental Property Investor
  • Newport Beach, CA
Posted
Is it wise to create an LLC before the purchase of a Multifamily property? Thoughts? Thanks in advance! $$$
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Brie Schmidt
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  • Chicago, IL
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Daniel F. Harb:
Is it wise to create an LLC before the purchase of a Multifamily property?

Thoughts?

Thanks in advance! $$$

 If it is over 5 units and you plan on financing it, then yes it will be a requirement 

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