Mortgage info needed for LLC

[Tommy Nastasi]

Good afternoon all,

I recently started an LLC to attempt to purchase a family member (uncle) owned house and look to rent it out as I wouldn't be able to live in it. Main goal is to keep it in the family. (Not the best ‘business' move but it will definitely yeild profit and cash flow first year out) I don't know much about getting a mortgage for a LLC but looking to see what common rates are, downpayments, ease of transaction etc...the house is probably looking to go for around 450k and it's a duplex. 3BR and 1BR