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Updated over 6 years ago,
First investment property, needing asset protection
First time posting on here, thanks in advance for any help you can give.
I am about two months away from closing on my first investment property. It is going to be an owner occupied 4plex which we will be purchasing using an FHA 3.5% down loan.
Here is where I need help. I work in healthcare, and as a result it is unwise for me to have any assets under my name due to the risks of a malpractice claim being filed against me. How can I close the loan getting the benefits of the FHA loan, but with the asset protection of an LLC for the property?
Thanks again for your help.