Hey BP fam! I am looking to start my real estate investing journey here in beautiful central British Columbia, in 2020! My main goal is to acquire rental properties (BRRRR strategy), but also fix and flips should good opportunities to do so arise. My question here is two fold...
1) should I incorporate right away? I have my eyes on a few properties that could make great rentals, would it be advised to start a provincial or federal cooperation right out of the gates and put all my future investment properties in the companies name?
2) How does this effect my application process for funding? When applying for funding, will it still be based off of my personal credit score/history and personal income, etc? Even though the property will be in the companies name?
Any guidance here is much appreciated, or recommendations for where to go to find more info on the subject as well.
Thank you in advance!
Steve
