All Forum Posts by: Ryan Stover

Thanks for the info @Kenneth Garrett and @Jason D.! If I have a LLC, the inquiry probably falls under my SSN still rather than the LLC's tax id right?

@Franky Maslim I was looking through old BP posts and found yours. Wondering if you came across this answer? I was wondering the same thing! If you BRRRR for 10, 20, 30 properties, that's wayyy too many credit inquiries. I have seen that the lender will only check the EIN/Tax ID Number of your LLC/other business type.

What did you find over the last 2 years?

-Stove

Should I do one LLC per property? Someone in the forums said a S-Corp that houses multiple LLCs.

Also on the topic of LLCs and BRRRR, how do you keep refinancing when you can only have so many credit inquiries? Is the LLC doing the refinance using a Tax ID, so that my own personal score doesn't incur too many inquiries?

Many many many thanks!