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Updated almost 6 years ago on . Most recent reply

Vicheka Chres's profile image
Vicheka Chres's profile image
Vicheka Chres
  • from Mountain House, CA
  • Member since Sep 15, 2018
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Vicheka Chres's profile image
Vicheka Chres's profile image
Vicheka Chres
  • from Mountain House, CA
  • Member since Sep 15, 2018
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Vicheka Chres
  • Mountain House, CA
1
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8
Posts
Personal Finance

Can you form an LLC while working for the bank?

Vicheka Chres
  • Mountain House, CA
Posted

Hi BP,

Does anyone know or who work for the bank, say as loan officer or underwriter who form a legal entity for rental property?

I heard it’s conflict of interest to buy home that the bank you work servicing the mortgage loan on that prospect property. But I’m not sure about the subject matter above.

Any advice or shared experiences is much appreciated.

Thanks in advance!

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