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Updated almost 4 years ago on . Most recent reply

Dennis Powers's profile image
Dennis Powers's profile image
Dennis Powers
  • Rental Property Investor
  • from Chelsea, MA
  • Member since Oct 24, 2012
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Dennis Powers's profile image
Dennis Powers's profile image
Dennis Powers
  • Rental Property Investor
  • from Chelsea, MA
  • Member since Oct 24, 2012
Connect
Dennis Powers
  • Rental Property Investor
  • Chelsea, MA
2
Votes |
12
Posts
Mortgage Brokers & Lenders

Can I attach a multi person LLC to my conventional loan

Dennis Powers
  • Rental Property Investor
  • Chelsea, MA
Posted

Can I buy a property with a conventional loan myself, then attach a LLC to the property with my 2 partners?

Will the bank allow that?

That said if we were to run a business out of that house under a LLC could the bank call the Note and how likely is it to happen?

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