Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
No Mortgages for LLC's
I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mortgage to an LLC, only to individuals. This totally goes against the purpose of the LLC to protect me from law suits .
How are you guys financing real estate under an LLC?