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Updated over 6 years ago,

Ross Bernard's profile image
Ross Bernard's profile image
Ross Bernard
  • Real Estate Agent
  • from Durham, North Carolina
  • Member since Jun 24, 2013
Connect

User Stats

81
Posts
39
Votes
Ross Bernard's profile image
Ross Bernard's profile image
Ross Bernard
  • Real Estate Agent
  • from Durham, North Carolina
  • Member since Jun 24, 2013
Connect
Ross Bernard
  • Real Estate Agent
  • Durham, NC
39
Votes |
81
Posts
Tax, SDIRAs & Cost Segregation

LLC required for receiving hard money?

Ross Bernard
  • Real Estate Agent
  • Durham, NC
Posted

I am not very knowledgeable in the areas of LLC's nor hard money loans. I am speaking with a hard money lender for the purpose of funding a flip. He says I will need an LLC in order for them to lend to me. Is this common for hard money lenders/do all hard money lenders require this?

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