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Updated over 13 years ago on . Most recent reply
LLC Loan or Mortgage Loan
Being a new investor I have already researched what an LLC has to offer protection wise. I have read the array of past discussions on here about LLC's. What I have a question about now is, would it be better to start seeking a mortgage loan on my first property or a loan to my eventual llc? Is there any benefits to either? It seems to me that acquiring a property as soon as possible (The correct one) but if there was an incentive for the other option I would like to hear more.
As always, any response would be greatly appreciated. Thanks