Why Use an LLC to Buy and Hold Notes?

[Rick S.]

If I am only buying and holding performing notes for cash flow, and using a servicing company, is there any benefit to purchasing/holding the notes in an LLC instead of my own name?

[Chris Seveney]

Rick S. Different people will tell you different things about trusts etc but if your buying performing notes most recommend starting with just an LLC (and depending upon state some allow series LLC)

With that being said - your question really should be discussed with an attorney/ planner as this is equivalent to asking what kind of car should someone buy? A person in Alaska will most likely need a different type of car than someone in Arizona. Each situation is different and should be personalized.