Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on .

User Stats

5
Posts
4
Votes

First Property - Partnership Financing

William J Morgan
Posted

Hey all, 

Myself and two partners are looking to acquire our first property (STR). I'm wondering if anyone has any advice on which route to take to obtain a loan, whether it be have one partner take on the loan or create an LLC and go that route? From my understanding, it would be very difficult to obtain a loan through a newly established LLC. Thanks in advance!

Also, if there are any investors living nearby in the Hoboken/Jersey City area, I would love to connect!