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Updated over 5 years ago,
Banks and Loans for multi-unit Properties
I've been networking with my local banks for loans to buy a few multi-unit houses and I keep getting this from the banks: the deed can be in the LLC but the loan has to be in my name. Is this common? I have a small landscaping business I started and I didn't have this issue with banks. I don't like mixing personal and business cash. Thanks!