Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

10
Posts
2
Votes
Juwan Rohan
2
Votes |
10
Posts

Banking with business credit!

Juwan Rohan
Posted

Hello all! 

I get that it takes time to build a did business credit and relationship with banks. With that being said. How do you buy a property with business credit. 

So obviously the down payment is probably the easiest part. You can take out a 20k loan under your business name for down payment... But I can't really understand how a bank will approve a business for a 250k house investment....  

So if I want To buy 250k house... I take out my 20% business loan for down payment, but how do I get approved for a business mortgage Or would that credit be under my personal name? So if I'm into house flipping or the BRRRR strategy... Eventually I'll have so many mortgages on my personal credit reports... Banks will no longer want to give me loans...

Can you take out a 250kmortgage loan with your business (ex. An LLC)

Does this make sense? 

Loading replies...