I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

@Laurens Van swol a few banks that we've worked with in the past allow you to close in your personal name.

Quote from @Michael Overall: Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? 

I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.

Real estate investment is my future.This amazing voyage begins with setting personal goals and vision.

That person will be able to tell you what you can do and following that plan will give you peace of mind about your further investing strategy.

That should really be the deciding factor...is it necessary and a large enough project to include the permit process?

She'd probably be able to put you on the line as a co-borrower.I've done this personally and it's been great for me and my situation!

There are conditions that must be met.Also, I believe the taxes are higher in Richland County than Lexington County, but I don't like there, so I don't have personal experience with that.