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Updated about 7 years ago on . Most recent reply

Thomas W.'s profile image
Thomas W.'s profile image
Thomas W.
  • Rental Property Investor
  • from Chicago, IL
  • Member since Dec 17, 2015

User Stats

50
Posts
13
Votes
Thomas W.'s profile image
Thomas W.'s profile image
Thomas W.
  • Rental Property Investor
  • from Chicago, IL
  • Member since Dec 17, 2015
Thomas W.
  • Rental Property Investor
  • Chicago, IL
13
Votes |
50
Posts
Starting Out

How to structure for multiple rental properties

Thomas W.
  • Rental Property Investor
  • Chicago, IL
Posted

1. If you own say, 10 rental properties, obviously you don't want to do that under your own name so people often create an LLC when they own more than 2 properties? The reason I'm skeptical is because banks rarely lend to LLCs, they prefer individuals, correct?

2. Can you move existing properties that were under your own name to instead be under your LLC?

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