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Goals, Business Plans & Entities

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Dane Fenner
  • Homeowner
  • Rosedale, NY
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37
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To Form a Business Entity or not

Dane Fenner
  • Homeowner
  • Rosedale, NY
Posted Sep 6 2013, 08:15

Hello BP,

I am beginning me real estate investment career and I wanted to know if I should create a business entity or not.

Recently I have purchased a primary residence that I rent out while I live back home with my family. I work in corporate America and make decent money but I would like to purchase an investment property with the help of outside financing.

Would it be beneficial to create a business entity to protect myself or should I wait until I have a few investment properties first and just practice creative financing in the meantime.

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