My wife and I are looking to break into real estate with our first investment of a house hack. Our question falls around the utilization of an LLC. I believe most (if not all) banks won't lend to an LLC so how do we make sure we protect ourselves from potential mishaps with our tenants?
Thank in advance!
Get proper insurance, also if you did buy in an LLC you would probably have a much higher down payment requirement in the neighborhood of 20-25% as opposed to 3.5% FHA