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Updated almost 6 years ago on . Most recent reply

Maritsa Cortes's profile image
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Maritsa Cortes
  • from Philadelphia, PA
  • Member since Jun 22, 2018
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Maritsa Cortes's profile image
Maritsa Cortes's profile image
Maritsa Cortes
  • from Philadelphia, PA
  • Member since Jun 22, 2018
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Maritsa Cortes
  • Philadelphia, PA
3
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20
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Starting Out

Do I set up an LLC for my first investment?

Maritsa Cortes
  • Philadelphia, PA
Posted

Hey all!

I've found a property that I'd like to start my investment career with. It's a duplex and I'll most likely finance with an FHA or 203k depending on repairs needed. My question is... should/can I set up an LLC for my first investment or because I'm financing with an FHA, can I even setup an LLC for my first considering I'll be living in one of the units for a year?

Thanks for your help!

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