LLCs and Real Estate Investing
Should I create an LLC to buy my first rental properties under? Are LLCs necessary for real estate investing? I plan on growing my properties each year and want to keep them under the same LLC and grow the company while also protecting my personal assets.
Also, how do LLCs get funding for deals? Do banks approach funding a real estate deal for an LLC the same as an individual and run the owner of the LLC's credit to approve the funding?