Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

157
Posts
86
Votes
Gurjot Grewal
  • New to Real Estate
  • Vancouver, British Columbia
86
Votes |
157
Posts

Can a bank see properties bought under an entity?

Gurjot Grewal
  • New to Real Estate
  • Vancouver, British Columbia
Posted

Hey everyone I have a newbie question,

Lender 1: bank, buy under personal name, max 3 properties but better rates

Lender 2: HML, buy under a corporation, more scalable, worse terms

Id like to start with the bank. But they are really slowing me down. Had me open 2 more credit lines as I only had 2. Now those will take a few weeks to be in effect. Or will require a coborrower.

Question:

If I used the HML which requires me to incorporate, would I still be able to use the bank for 3 properties later on as the properties wouldn't be under my personal name?

Loading replies...