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Multi-Family and Apartment Investing

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Ray Ndebele
  • Pearland, TX
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Apartment, setting up company for asset protection

Ray Ndebele
  • Pearland, TX
Posted May 27 2016, 13:51

Hello,

I'm looking to build a 12 unit apartment complex in Bay City TX and had a question on setting up a company. I've set up 2 LLCs and have been told one needs to set up an LLC to hold the assets and a different LLC to manage the apartment. For financing purposing would I use the holding or management company to apply for the loan? Any recommendation on how to structure this would be greatly appreciated.

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