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Updated over 1 year ago, 03/16/2023

Maurice James's profile image
Maurice James's profile image
Maurice James
  • Member since Mar 15, 2023
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Maurice James's profile image
Maurice James's profile image
Maurice James
  • Member since Mar 15, 2023
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Maurice James
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Multi-Family and Apartment Investing

multiple member LLC

Maurice James
Posted

hello, 

I would like to know if I wanted to open a new LLC or even amend my current one to add multiple members and purchase rental property, would one member have to qualify for the loan or all?

If all, does this increase the amount of approval if approved using multiple incomes?

Lastly, if say 3 of 4 members can qualify and one doesn't, does the loan get denied?

Atlanta, Georgia
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