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Updated over 1 year ago on . Most recent reply

Ravi Ramu's profile image
Ravi Ramu's profile image
Ravi Ramu
  • Investor
  • from New Jersey
  • Member since Aug 23, 2023
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18
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4
Votes
Ravi Ramu's profile image
Ravi Ramu's profile image
Ravi Ramu
  • Investor
  • from New Jersey
  • Member since Aug 23, 2023
Connect
Ravi Ramu
  • Investor
  • New Jersey
4
Votes |
18
Posts
General Real Estate Investing

Forming an LLC or getting higher liability homeowners insurance?"

Ravi Ramu
  • Investor
  • New Jersey
Posted

I own a 250K rental property and got 500K liability coverage home insurance. I'm wondering if I need to form an LLC to protect my assets. If so, how easy is it to get a conventional mortgage for a property owned by an LLC?

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