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Updated about 3 years ago,
How to get commercial mortgage via new company
I plan to buy a single family home in Austin and, per the city's STR rules, it has to be either an owner-occupied or commercial residence. If the current plan is to open an LLC to apply for a commercial mortgage loan, how is this possible with a newly created company?*
*the belief is that I will have to co-sign (which keeps me personally liable; maybe able to refi after 1 year of that?)
Will you please help with your thoughts on this topic?