Value in an LLC to buy notes for myself?
Hi all - I am interested in buying a notes for myself with my own money in order to hold them for cash flow. I will likely start with first lien, performing notes. Over time, I might tackle non-performing firsts or seconds. I would use a servicer for the notes.
Should I form an LLC for this business? Is there any benefit to doing it through an LLC versus holding notes in my personal name?