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Updated over 8 years ago,
Hard Money Lender says I need an LLC
Hi Guys,
I have a property I am trying to acquire through a hard money loan.
The company - who I got off the biggerpockets hard money link RCN Capital - was very helpful but did mention I would need an LLC in place in order for them to rent to me.
Is this the norm as far as hard money goes? And I will search the BP forums for info on setting an LLC but does anyone have a quick and dirty rundown for Massachusetts?
Thank you