how do you buy r.e in an LLC?
Went to a seminar where I learned about LLC, S-corp benefits. Apparently you can't buy r.e in an LLC with conventional financing? What are my options to get my rental property in an LLC then? 
Went to a seminar where I learned about LLC, S-corp benefits. Apparently you can't buy r.e in an LLC with conventional financing? What are my options to get my rental property in an LLC then?
What are the reasons that you cannot finance by an LLC? That question may have a different answer depending on what state has jursidiction of your LLC. If you like dancing with the devil there is a way I have gotten around it. The reason I did it was that we had no financial history for our LLC. You could acquire title and financing in your name, individually (as a member or manager of the LLC). After the Deed and Deed of Trust (DOT) have been filed you could Quit Claim to the LLC. Be carefull of the "Due on Sale" clauses contained in most DOT. As long as you continue making the payment, there should be no problems. Especially if it is a short term investment. Of course, you would still be liable for the payment of the DOT personally. Nothing illegal about it, but puts a little more risk on yourself. Good luck.
Unless your LLC has a superb credit and a nice Income statement, most lenders will not want to lend money to your LLC. It is too risky for them.
There are methods you could do. A method I have been discussing with my Attorney and my CPA is to buy the property in my name, and put in a Land Trust or go straight to a Land Trust. Many lenders are ok with this for estate planning purposes, etc. Then have your beneficiary of the Land Trust your LLC.
It has been said a lot here and on other sites, please take the time and consult your attorney and cpa at the very least.
Ho....