Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

1
Posts
0
Votes
Lee Seibert
0
Votes |
1
Posts

Va Loan for 2-4 plex AND protecting yourself with a business

Lee Seibert
Posted

Hi everyone. I am totally new to the forum and just starting out learning about rental properties in general. I am also an Iraq war vet. My question is about how to protect your personal finances from tenants in the event that something happens while they are renting from you. One piece of advice I have come across a few times as I have been learning about rental properties is to not own the property personally, but rather create a business, LLC or similar, to own the property to protect your personal assets in the event you get sued for something. I was wondering how this would work if you are using a VA Home Loan to purchase a "multiplex". Can you start a business that essentially owns the other units of the property (the ones you are not living in) in order to protect yourself?

Loading replies...