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Updated over 1 year ago on . Most recent reply

Cem Alik's profile image
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Cem Alik
  • Member since Mar 29, 2023
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Starting Out

Quick question: In order to start investing, should I apply for a business mortgage t

Cem Alik
Posted

Quick question: In order to start investing, should I apply for a business mortgage to get a loan and buy a house to rent out, or should I apply as a resident? I mean, I have started an LLC for rental purposes. Should I apply on behalf of the LLC using its name, or should I apply using my own name?

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Hamp Lee III's profile image
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Hamp Lee III
  • Real Estate Agent
  • from San Antonio, TX
  • Member since Jan 5, 2019
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Hamp Lee III's profile image
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Hamp Lee III
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  • from San Antonio, TX
  • Member since Jan 5, 2019
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Hamp Lee III
  • Real Estate Agent
  • San Antonio, TX
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Hamp Lee III
  • Real Estate Agent
  • San Antonio, TX
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And remember you can find better rates when you apply in your name as an owner-occupant.

I wish you all the best.

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