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Updated over 9 years ago on . Most recent reply

Ryan Terwilliger's profile image
Ryan Terwilliger's profile image
Ryan Terwilliger
  • Real Estate Agent
  • from Houston, Texas
  • Member since Jan 6, 2015
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Ryan Terwilliger's profile image
Ryan Terwilliger's profile image
Ryan Terwilliger
  • Real Estate Agent
  • from Houston, Texas
  • Member since Jan 6, 2015
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Ryan Terwilliger
  • Real Estate Agent
  • Houston, TX
46
Votes |
93
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Goals, Business Plans & Entities

Loan and LLC

Ryan Terwilliger
  • Real Estate Agent
  • Houston, TX
Posted

I am trying to get a LLC set up, the bank requires one to close. This is my first time so can someone give me some advice on how and where to go to? Attorney? Legal zoom? Other site? There seem to be a lot of choices with options and I want to make sure I get what is needed and not miss something.

Thanks in advance

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Account Closed's profile image
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Account Closed
  • from Miami, Florida
  • Member since Aug 28, 2015
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Account Closed
  • from Miami, Florida
  • Member since Aug 28, 2015
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Account Closed
  • Miami, FL
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Account Closed
  • Miami, FL
Replied

The hard money lender suggesting to close under an LLC is just protecting himself. Its alot easier to foreclose on an LLC than an individual. Some hard money lenders will only close to an LLC.

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