| Another Property Investment question... |
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phantom357
New Member
Cash: $ 0.90
Posts: 4
Joined: 06 Sep 2005
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| Another Property Investment question... |
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I will try to keep this short and sweet:
-I'm 30 years old and own my home
-I'm am looking into investment property (duplex, townhome, or flat) between $145 K - $180K
-I would like to invest for either 7 or 10 years using an interest only loan
-I will use the property as rental property
-Should I become a LLC to protect my home?
Suggestions?
Thanks
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Fri Sep 09, 2005 12:23 pm |
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sayyes
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Cash: $ 11.60
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Joined: 02 Jul 2005
Location: Newport, RI
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If I were you I would establish the LLC. It only costs a couple hundred dollars and will give you better night's sleep for years to come.
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Fri Sep 09, 2005 10:11 pm |
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