Strategies: Offers Under a Personal Name vs LLC

Strategies: Offers Under a Personal Name vs LLC

Dayton, OH · Member since 2017 · 143 posts · 62 votes

Does anyone have any thoughts on offer strategies?

Specifically, I am wondering if it would be more advantageous (more likely to have your offer accepted) if you make an offer through your personal name in lieu of the name of your LLC. The idea is that sellers would be more open to the idea of selling to an individual (ie potential home owner) instead of a LLC who is obviously looking for an investment.

Any one with an ample amount of experience with both and who can share whether they've found it makes a difference or not?

0Reply
12 views

3 Replies

Jump to latestLatest
  • Investor · Hoboken, NJ · Member since 2016 · 464 posts · 179 votes
    8y

    @Alex Huang What type of investment are you looking to offer?

  • Dayton, OH · Member since 2017 · 143 posts · 62 votes
    8y
    Originally posted by @Patrice Penda:

    @Alex Huang What type of investment are you looking to offer?

     I'm talking about making offers on houses for sale.

  • Investor · Hoboken, NJ · Member since 2016 · 464 posts · 179 votes
    8y

    I don't see why it would matter to the seller.
    But it should matter greatly to you as the buyer.

    You shouldn't buy properties under your personal name if what you really want to do is to hold them under an LLC.
    Likewise, if you are an homeowner occupier, buying under an LLC might make it more difficult to get a mortgage with some lenders.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.