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Updated about 8 years ago on . Most recent reply

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Jacob Gerber
  • Real Estate Investor
  • McKinney, TX
1
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LLC lending

Jacob Gerber
  • Real Estate Investor
  • McKinney, TX
Posted
Working on a second buy and hold property with a couple investors. Looking to find a lender in Texas area that deals with financing to a LLC instead of individual. Any insight would be a huge benefit. We are ready with funds but haven't done the LLC route before. Any ideas

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Bryan O.
  • Specialist
  • Lakewood, CO
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Bryan O.
  • Specialist
  • Lakewood, CO
Replied

@Jacob Gerber Call the banks in the area and ask for the commercial lending department. Ask them if they do commercial loans on residential properties. If so, find out their terms. Lather, rinse, repeat with the other banks until you find your favorite(s).

By the way, welcome to BP  :)

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