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Can I save money by using the existing LLC to buy a multifamily property?
Good question.
No, you would never want to do this as it exposes you to a myriad of legal risks and problems. You want to avoid doing dangerous things like this to try and save a tiny amount of money.
Before you do any investing you should invest more time and money in your financial and legal education. This sort of thinking is going to lead you into many problems.
I offer education and training to landlords, engineers, doctors and dentists, and many others that would like to learn how to enjoy the benefits of multifamily as quickly as possible. If that sounds interesting contact my office by going to www.benjaminzmiller.com and fill out the contact form.
You also can register at meetup.com at the link below:
https://www.meetup.com/benjamin-z-millers-investor-networking-group/
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
ben@benjaminzmiller.com
https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller
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