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Updated over 7 years ago on . Most recent reply

Nick M.'s profile image
Nick M.'s profile image
Nick M.
  • Investor
  • from Wilmington, NC
  • Member since Oct 30, 2017
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User Stats

29
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10
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Nick M.'s profile image
Nick M.'s profile image
Nick M.
  • Investor
  • from Wilmington, NC
  • Member since Oct 30, 2017
Connect
Nick M.
  • Investor
  • Wilmington, NC
10
Votes |
29
Posts
General Real Estate Investing

Setting up an LLC in NJ

Nick M.
  • Investor
  • Wilmington, NC
Posted

Made an offer on a REO property in southern NJ. See my other post on that....would love feedback: https://www.biggerpockets.com/forums/48/topics/520...

Considering using hard money lenders. Several of them require an LLC. I have a rental property but it's in my name, not an LLC. That property is in NC. This would be in NJ. I understand the benefits of an LLC. Any disadvantages? Any upside/downside to creating an LLC in NJ vs. NC?

Thanks for your help!

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