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Updated 9 months ago, 03/30/2024

User Stats

27
Posts
2
Votes
Chelsea Allen
2
Votes |
27
Posts

LLC formation and loan

Chelsea Allen
Posted

Hi there. I am currently doing my homework on how to obtain a loan under an LLC for an investment property that I would like to buy and rent out in north Florida. Any suggestions on specific banks that may be more apt to work with me in achieving this? Also I would want to put the property under an LLC but would only form the LLC if I buy the property (if that makes sense) so it's a catch 22.

Can I get a loan under my own name and then transfer it to the LLC? Or pay cash and then refi under an LLC ?

What makes most sense ? 

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