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Updated almost 5 years ago,

User Stats

23
Posts
3
Votes
Nathan Mount
Pro Member
  • Chicago / Northwest Indiana
3
Votes |
23
Posts

partnership LLC financing question

Nathan Mount
Pro Member
  • Chicago / Northwest Indiana
Posted

I'm trying to do an analysis on a 4 plex, that I'd go in on with my partner.  When we finished our last deal (new construction duplex) the bank could only offer us a 25/yr mortgage since we are a business entity.  

Is it even possible to get a 30/yr mortgage in this same setup?  We split 50/50, so I'd be hesitant to put in solely in either of our names.  

Any help or insight would be appreciated!

  • Nathan Mount
  • Loading replies...