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Updated about 3 years ago on . Most recent reply

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Brandon Dillard
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4
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Ca LLC PURCHASING OUT OF STATE PROPERTY ( Florida)

Brandon Dillard
Posted

Hey Guys & gals,

I have a few questions that I have been looking into and was hoping I could reach out to the bigger pockets community for help.

Story:

I opened up a Ca LLC last week (still waiting for it all to be processed) and I have been and will continue to be looking for deals (first deal). I am a real estate professional working as a licensed lending officer in 16 states at a major lender. I plan to purchase a Multi-Fam property in Florida (4-16 units).

My main question is simply if my ca LLC were to purchase some Multi-Fam residential real estate in Florida. Do I need to open up or get a business license or anything if that sort? Will the fact that I have a ca llc and am a California resident just allow me to do everything through California? If not what should I do differently ?

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