What is the best real estate investing business structure?
Hi,my name is Anne,I did the following:
Q&A: What is the best real estate investing business structure?
All the investing literature I have read say to protect yourself from liability and taxes. I know there are LLC and Corp (S and C) which provide these benefits. The investing literature also says to use the banks money to leverage your investing (OPM). However, my lender will not provide a single or multi family home investment loan for a business (only under my name). So, how do I create a business structure that protects me but still allows me to get home loans.
Q&A:
Answer by Rob B, of MD
Inquire with your lender, or other lenders, whether they will lend to you, individually, with a guaranty from the LLC and with the collateral being an Indemnity Deed of Trust (IDOT), supplied by the LLC which owns the real property.
Feel free to e-mail me if you have any additional questions.
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