Tuesday, February 23, 2010

How buy house under Corp/business name?

My credit is bad since I missed a payments on several of my properties. It'll be impossible to buy under my own credit.





How can I buy it under business/corporate name? Do I need to establish a corp/LLC or some form of business entity to be able to buy a property?


Thanks.How buy house under Corp/business name?
Not going to work. If you open up an S-Corp or an LLC you are still the owner of record. The banks and any other financial institution will know who you are. Public record.





While your corporate entity may apply for credit, it will all still come back to the shareholder. That's you.

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