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Updated over 4 years ago,

User Stats

7
Posts
1
Votes
Garren Frazier
  • Rental Property Investor
  • Hobart, IN
1
Votes |
7
Posts

House Hacking under a LLC?

Garren Frazier
  • Rental Property Investor
  • Hobart, IN
Posted

Hello everyone I am a new investor in the Chicagoland area, and have a question about acquiring my first property. I've met with an attorney to create a LLC for a wholesaling operation, but I know that it becomes tricky to get financing under a new LLC. That being said my wife and I are going to house hack our first property and could get it with a FHA (If COVID-19 allows) if we just put the duplex in our name. In this situation would you use your LLC or not?

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