Updated almost 5 years ago on . Most recent reply
LLC or Personal Accountability
Goal: buy a fixer upper, flip, sell for profit (ideally).
Question: better to do this through an LLC or personal name? Pros and cons of each. I am leaning towards personal name, that way can claim "primary residence" and get away with only putting 3-5% down vs. using an LLC (cya purposes) but would have to put 25% down.
Anyone have experience with either?
Zach