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Updated over 3 years ago,

User Stats

55
Posts
15
Votes
Joshua Bailey
15
Votes |
55
Posts

LLC or Umbrella Policy?

Joshua Bailey
Posted

LLC or Umbrella for buying 1st fourplex? Is it worth it to form an LLC or is umbrella enough for my 1st purchase. If I should start out with an LLC I would like to do so before I apply for the mortgage. Are commercial mortgage rates that much higher for an LLC. Property's asking price is 99,000.

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