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Updated over 6 years ago on . Most recent reply
Home Mortgages on LLC
Hey Fellow Members,
Recently purchased a home all cash (for negotiation purposes) and want to refi in order to start reinvesting. Problem we are having is that banks dont want to lend to an LLC without a personal guarantor but we don't want to have our names tied to it. We want everything under the LLC. Of course the house would be used as collateral, and we dont need 75% LTV could even do 50% which eliminates most of the rtisk for the bank.
Anyone have any suggestions or banks in Florida that can help with this issue?