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Updated over 3 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from San Jose, CA
  • Member since Mar 25, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from San Jose, CA
  • Member since Mar 25, 2015
Connect
Account Closed
  • San Jose, CA
50
Votes |
132
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Goals, Business Plans & Entities

LLC and non-recourse loan

Account Closed
  • San Jose, CA
Posted

I am interested in purchasing residential rental property in either Chicago or Milwaukee via an LLC. I will need financing, which brings me to my question. Does anyone have a recommendation for a lender that would provide a non-recourse loan? Would the big banks (Chase, Wells Fargo, etc) lend to an LLC with a non-recourse loan, or should I shop around with small local banks?

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