Updated over 6 years ago on . Most recent reply
Primary Residence or Rental
I am new to Real Estate investing hung up on my first course of action. My goal for this year is to buy/ hold 2-3 properties and do 1 fix/flip. I have very minimal capital to start. I have not yet purchased my first primary residence but was wondering what the laws were in TX on transferring your primary residence to an llc after closing. Would it be wise to turn my first home purchase into a rental and keep my low rent apartment. How is it that investors are able to purchase multiple homes at 1 time? Are they all purchased through an LLC or can a buyer purchase multiple homes under their name?