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Ann A.
  • Marietta, GA
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Newbie - LLC question

Ann A.
  • Marietta, GA
Posted Sep 1 2016, 07:01

I am new to REI. Still learning and do not own any investment property yet. I am networking and listening to podcasts and gearing up for my 1st investment. LLC seems like a no-brainer to me to protect my personal assets. But the questions is, would a bank give loan to a new LLC which has no credit history? How does that work? I have excellent credit history. How does that tie in with the LLC situation? Any suggestions on what else I need to have (in addition to LLC) to have my ducks in a row before I buy my 1st investment property?

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