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Updated about 10 years ago on . Most recent reply

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Crystal Perez
  • Yonkers, NY
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If I was to take out an FHA loan and have my tenants pay rent to an LLC which I created. What would happen if they sued me?

Crystal Perez
  • Yonkers, NY
Posted

Very new to all of this and trying to figure out the best way to start investing and protecting myself from legal liabilities. I am not sure if this is even possible.

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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

Unless, of course, you are referring to buying a duplex or triplex! Then you can use an FHA loan as both a rental and an owner occupied strategy! :)

  • Brandon Turner
  • Podcast Guest on Show #92
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