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248: Rookie Reply: Do You NEED an LLC for Rental Property?

Real Estate Rookie

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Getting the Financials Upfront for a Commercial Property

Most brokers almost expect potential buyers to request financial information. If you think a property is doing X but in reality it's doing Y when you go to purchase that property get debt whatever it is, it's going to be far more difficult for you. I highly recommend asking for the financials upfront and especially if there's leases on the property too.

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