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Updated over 5 years ago,
LLC loan without personal guarantee
Hello, I am 1 of 2 owners in a real estate LLC that holds 4 residential real estate properties that are fully paid off. Does anyone know if it is possible to obtain a mortgage loan to acquire an additional property with only myself providing a personal guarantee? I hold a 20% stake in the LLC and the partner who owns 80% does not wish to provide a personal guarantee. Thanks for any advice.