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Updated about 6 years ago,

User Stats

10
Posts
5
Votes
Andrew Thomas Sherman
  • Senior Manager
  • Marina Del Rey, CA
5
Votes |
10
Posts

Looking for a Bank in Los Angeles, California

Andrew Thomas Sherman
  • Senior Manager
  • Marina Del Rey, CA
Posted

Hello, fellow BP'ers! I'm new to real estate investing and I've just finalized my LLC here in California. I'm looking to open a bank account for the business and will likely choose a local bank or credit union. I've been told, however, that some banks are hesitant to give home loans to LLCs.

Has anyone had experience with a bank who is willing to give their LLC a home loan? Do you all just take out business loans instead?

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