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Updated about 16 years ago on . Most recent reply

Shane M's profile image
Shane M's profile image
Shane M
  • Real Estate Investor
  • from Ann Arbor, Michigan
  • Member since Jan 30, 2009
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Shane M's profile image
Shane M's profile image
Shane M
  • Real Estate Investor
  • from Ann Arbor, Michigan
  • Member since Jan 30, 2009
Connect
Shane M
  • Real Estate Investor
  • Ann Arbor, MI
4
Votes |
130
Posts
Starting Out

Buying a property with your LLC

Shane M
  • Real Estate Investor
  • Ann Arbor, MI
Posted

Hey everyone, I'm curious what the actual process is for this. Do you go to the bank and get financing for your LLC (to purchase a property) and then sign a personal guarantee? Or can you get financing yourself and just transfer (sell) the asset to your LLC?

Or can you do all of the financing in your personal name and if you rent it out require the renter make the check to the LLC?

Would any of these completely void your LLC status?

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