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Joseph Gisler
  • Realtor
  • Wake County, NC
60
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77
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LLC - Set up now with or later?

Joseph Gisler
  • Realtor
  • Wake County, NC
Posted Jun 1 2022, 17:33

I currently own two properties, neither in an LLC. I know for a hard money loan, I need to have an LLC, is that something I should set up immediately or will it be okay to wait until I have a property in mind? If immediately, do I run my rent through the LLC to create some history in the LLC or is that not necessary? I know this is very generic and can change depending on the lender but I thought I should get a general consensus before asking individual lenders.

Raleigh, North Carolina

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