RRZ.com Investments

How do you buy an investment property with an LLC?

I purchased a investment property then formed an LLC. I was then warned that if I transferred ownership that I would end up causing myself a lot of problems with the mortgage company. I am about to buy a second investment property and want to do it right this time. Do I obtain the loan in the name of the company?

Public Comments

1. Yes. You get the loan in the name of the LLC. You and the LLC are two different "people". The problem is the LLC probably doesn't have any credit. You might have difficulties because of the lack of credit, assets and income of the LLC.