All Forum Posts by: Conner Smallwood

@Jamie Engledow @Brian Pendergraft @Edmund Ricker Thanks for the advice! We have found an attorney and are working through the process now.

Thanks @Brandon Battle !

@Alina Trigub @Chinmay J. @Jason Hirko

Thank you! That makes me feel better.

Thanks Mark! Sorry for some reason my original reply didn't post.

My partner and I want to set up an LLC and buy a small apartment building. We want the LLC for asset protection purposes. I know that I can set it up myself and have done so in the past. However, I have heard from several people including one of the BP Podcasts that if you don't have an attorney set up your LLC, you will be in trouble when/if you get sued. So has anyone on here set up their own LLC without using an attorney and then been sued? Did it make a difference that you set it up yourself?

Thank you!

So a mixed use 4-plex with 3 apartment units and one storefront unit. 
1. Would this require a commercial loan rather than a conventional because of the storefront unit? I know that 4-plexes generally can use conventional.
2. Could the storefront be converted to another apartment unit? It wouldn't be "mixed use" after that.

@Marlon Wilson

Thanks Marlon!

Thanks @Dmitriy Fomichenko I'm working on getting those set up tonight!

@Bryan C.

Thanks Bryan! I'm going to attend a meeting this month, so I appreciate the advice!

@Michael Lauther

Thank you for the validation Michael! it's always nice to know that I have a great market right here.

@Darrin Carey

Thanks Darrin, I appreciate the invite!