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Updated about 4 years ago,

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3
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Fharhan Rahman
  • Bronx, NY
0
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3
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Investment Property through LLC

Fharhan Rahman
  • Bronx, NY
Posted

I am purchasing a property in Niagara Falls and I wanted to purchase it through an LLC. However, the lenders that I have reached out to don't offer mortgages to LLC's. I'm now reaching out to commercial lenders to see if it's possible (the house is just 80k).

I wanted to know if getting the mortgage / loan under an LLC isn't possible, should I Just settle with the title under the LLC? Where is it more beneficial?

Also - if anyone knows lenders that lends in this situation that'd be great!

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