Updated over 10 years ago on . Most recent reply
Can I buy a Co-op as an LLC?
Hi Bigger Pockets Experts...
1. Is it a good idea to buy a Co-op through my LLC. It appears easier to buy it as an individual because I may get push back from a Co-Op board who dislike LLCs because they categorize them as investors.
2. I can't afford big ticket real estate purchases right now so my goal is to use an LLC to buy undervalued 1 or 2 bedroom Co-op apartments and rent them out. Does anyone one know if that's a good strategy? I'm in Yonkers, NY.