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136: The 6-Step Process for Buying Your First Rental Property

Real Estate Rookie

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Are They Investor Friendly or Tenant Friendly?

The benefits of buying under an llc rather than personally is really asset protection. You can get financing on the residential side, 30 years, yoan less money into the deal. If you do put your property in your personal name, you can go out and get umbrella insurance. And then so really it's for assa protection, so that if you weresued or something were to happen, that someone couldn't come you personally and come after your personal houseold That's the biggest reason as to why people put thei property in an olicy.

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