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All Forum Posts by: Yeury Galva

Yeury Galva has started 4 posts and replied 12 times.

Rhode Island Real Estate Q&A Discussion Forum

Post: LLC or own properties on my name

Yeury Galva
Pro Member
Posted
  • Posts 14
  • Votes 5

Thank you very much for your answer and advice @Anthony 

@Anthony Thompson

0 Votes
Rhode Island Real Estate Q&A Discussion Forum

Post: LLC or own properties on my name

Yeury Galva
Pro Member
Posted
  • Posts 14
  • Votes 5

Hello everyone,

I am a newbie getting started. Closing on a BRRRR pretty soon and also shopping for a house-hack property. I plan on holding my house-hack under my name because that's what my lender recommends for me to get funds for it. However, for the BRRRR property, hard money lender required me to have an LLC. I Am wondering whether to keep it in an LLC after purchase or pass it to my name? Will having an LLC decrease my cash-flow by a lot?

0 Votes