Could i get started this way ?

General Real Estate Investing
1

If I form a corporation and quitclaim deed a property that I own out right to said corporation, would said corporation be able to use that equity power to start investing in cash flow positive properties?

2

T.A.Jackson,

It is generally better to put investment properties in a LLC than in a corporation.

If you quit claim a property into the LLC or corporation, you would be able to use the equity to start investing in rentals, but the lender is also going to require that you sign personally for the loan.

Good Luck,

Mike

3

Thanks

      Mike


                       T A Jackson    


           I WANT TO BE LIKE MIKE  :bobble