Legal issue's with an LLC
Hello Board,
I have my first purchase in the UW process right now and I have a question in terms of my long term growth that I was hoping we could address. I am purchasing this property via an FHA loan. Needless to say it is in my name. When I go to purchase my next property I was going to purchase it under an LLC for obvious protection reasons. My question is if there was a lawsuit on my FHA property could they go after my LLC? I don't believe that it could be the other way around because that is what the LLC is for but I was just hoping for some thoughts on this. Thank you as always forum :D