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
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago on . Most recent reply

Credit/income partner on LLC
If I get a conventional or portfolio loan as an LLC with a credit/income partner, will my credit/income definitely have an affect on the eligibility? I'm guessing yes unfortunately.
Is there a way to NOT be on the LLC that takes the loan yet still have an agreement with my finance partner to equally share ownership as I am the deal finder/manager?