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Updated about 7 years ago on . Most recent reply

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Lynda M.
  • Louisville, KY
0
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Buying Real Estate as LLC after personal bankruptcy

Lynda M.
  • Louisville, KY
Posted

I had a chapter 7 bankruptcy discharged in October. My credit since then has been good, but obviously the bk is very recent. I have a very lucrative business opportunity that requires land but I will not be able to get a mortgage for at least 2 years post-bk, obviously (more likely 3 or 4). Would there be any chance of obtaining a loan for my business if it's just me as the sole proprietor of the LLC, or will I still have to wait?

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