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Updated over 2 years ago,

User Stats

3
Posts
1
Votes
Deepak Walia
1
Votes |
3
Posts

Building Credit for Newly Created LLC

Deepak Walia
Posted

Good Morning,

Looking for advice on how to build credit for a newly formed LLC. I currently have 2 condos that I own outright (no loans) under my own name and earn rental income from. Going forward, I want to buy property under the newly formed LLC.

What should I do to start building credit for the newly created LLC? Should I look to transfer ownership of the two condos to the LLC? Can I use the LLC to provide property management to the 2 existing condo? I'm looking for ideas and open to all suggestions.

Thank You.

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