Should I get my LLC first before buying my first property? I am new to real estate investing and I have learned that it is important to get a LLC because it protects your assets but I do not know if it really matters when you first start.
Although obtaining an LLC to protect your assets and differentiate your personal assets from business is important, I wouldn't let it hinder you from starting. Depending on how you are purchasing your property and the type of financing you are obtaining, you may not need to do this immediately.
A LLC is not necessary, insurance is your first line of defence.
Thank you guys for your response. At what point you think I will need to get an LLC? two, three, four properties? or if, I just buy and hold?
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