Getting an Investment mortgage

[Paul Conboy]

Me and my three partners have created an LLC and are almost ready to start buying properties. The last step that seems to be giving us a hard time is finding the right place to get a mortgage for investment properties. Any information that could lead us in the right direction would be greatly appreciated.

[Anastasia G.]

@Paul Conboy would happy to help, feel free to reach out

Few notes on LLCs, make sure that you have

• Articles of Incorporation.
  
• Operating Agreement with Ownership Breakdown or Addendum
• Purpose of the LLC is for the ownership and management of real estate

Some programs have limits to 4 members; All members are typically guarantors; LLC can be existing or newly formed as long as the requirements for the purpose of LLC are satisfied.