Flint, MI Small Multi-Family Help

[Michael Ciesielski]

I am analyzing small multi-family properties (mostly duplexes) in Flint, MI and the surrounding neighborhoods (Flint TWP, Davison...). I do not have cash to purchase a property outright so I am looking into loan options but most of the properties are under $50,000 - do banks / credit unions do loans that size? 

Also - I am thinking of putting the property into an LLC, thoughts on if that is a good option?

[Pamela Morrison]

@Michael Ciesielski ELGA credit union in Burton will lend. Ask for Brad in commercial lending. It can be in LLC. Interest rate is higher tho and 20% down.