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Richard P.'s profile image
Richard P.'s profile image
Richard P.
  • Investor
  • from Indianapolis, IN
  • Member since Oct 3, 2017

User Stats

16
Posts
3
Votes
Richard P.'s profile image
Richard P.'s profile image
Richard P.
  • Investor
  • from Indianapolis, IN
  • Member since Oct 3, 2017
Richard P.
  • Investor
  • Indianapolis, IN
3
Votes |
16
Posts
Buying & Selling Real Estate

Should I buy my "House Hack" in an LLC?

Richard P.
  • Investor
  • Indianapolis, IN
Posted
Hey all! I'm new to BP, looking forward to connecting. I'd like to do a house hack by buying a duplex, living in one half and renting out the other. After a couple of years, I'd like to move and keep the duplex as a rental property. Should I buy he property in an LLC to begin with? Will banks allow you to purchase property in an LLC if you back the loan?
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