Forums: Discussions for entrepreneurs and small business.

Hi Everyone!

I have a question. My brother, who does not live here and has never been an American resident, wants us to buy an apartment/condo as an investment property.

The scenarios we are seeing as possibles are the followings:

1) Buying it as a LLC
2) Buying it as individuals
3) Getting a mortgage
4) Paying cash.

The best scenario for us would be 1) and 3).

We are looking for advise to know better the pros and cons of purchasing a property as an individual or as an LLC. I understand that the limited liability is important, but I think that also there is some other economic advantages... right?
Is it difficult to get financing under an LLC as opposed to owning it personally?


Best!

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