Updated about 12 years ago on . Most recent reply
Can first rental purchase be via LLC?
I've zeroed in on a 4-plex with an asking price of $145k. All other things checking out and being ok, if I apply for the loan through a new LLC is that even doable? A buddy has partnered up with me in the LLC and we both have $15k each to put in and we each have excellent credit and professional jobs.
Would this be a conventional loan or a commercial loan?