Hi Everyone,
My wife and I were discussing sub 2 and L/O. We are new and haven’t done our first deal yet, but we are seriously hunting. We have done a lot of studying, reading and gathering of information on different techniques used in REI. Would we need to form an LLC before we do our first deal or when we have more experience and properties under our belt? We only plan to do the L/O and sub 2’s for now, only holding on to properties for a matter of a few years through rent-to-own. We are unsure if we should proceed “Unprotected” without the LLC because of legalities, is it necessary to form an LLC from the very beginning?
Thanks to any who can give us advise.
William and Tammy