Personal Name or LLC: Which is Better for First-Time Homebuyers?

[Kyle Wojciechowski]

As a soon-to-be first-time homebuyer, I'm facing a dilemma. I am looking to purchase a double and house-hack. Should I purchase the property in my name or set up an LLC as I look to start my journey in real estate investing? Does this effect the loan I am able to receive? I'd love to hear your thoughts on this matter! Any insights or personal experiences you can share would be greatly appreciated. Are there any key factors I should consider?

[Caroline Gerardo]

Owner occupied government backed loans don't let you buy in a LLC. Don't waste your money on the seminar, book, LLC filing fees for your first time buyer deal.

Go hunt for down payment assistance. Get your FICO score up. MAximize your income and liquid assets... instead