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Updated about 3 years ago,
Setting up an LLC before or after buying a property
I was thinking of setting up an LLC to hold the property I'm trying to buy. Is it generally better to set up the LLC before and use it to buy the property or buy on my name and transfer to LLC after? Would it affect my ability to get conventional residential loans if I buy the property using an LLC? Would love to hear the implications for transfer to LLC after the acquisition as well