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Updated about 6 years ago,

User Stats

80
Posts
51
Votes
Jim S.
  • Flipper/Rehabber
  • Cleveland, OH
51
Votes |
80
Posts

Getting Financing as an LLC

Jim S.
  • Flipper/Rehabber
  • Cleveland, OH
Posted

I'm just getting started in investing and I've been reading a lot about why it's a good idea to set up an LLC which I've already done. Recently though, I'm learning that it can be difficult to get a bank loan as an LLC. Can anyone explain how this works? If I were to get a mortgage under my own name for a buy and hold property, can I then at some point transfer the title to my LLC? If not, then what are my options? Thanks.

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