Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 months ago on . Most recent reply

User Stats

150
Posts
26
Votes
Faysal Alam
  • Real Estate Agent
  • New York City, NY
26
Votes |
150
Posts

Refinance a car under llc to reduce DTI

Faysal Alam
  • Real Estate Agent
  • New York City, NY
Posted

What banks or credit union can I use to refinance a car under my LLC name , my car is a 2023 Tesla model y performance , I owe $42,500 on the car , I'm looking to refinance the car under my business , my business was established 03/2023 . So less than 2 years . I am in New York City , I use the car for my rideshare business , I have no problem personally guaranteeing the car, I'm just looking to get it off my personal name so I can improve my debt to income ratio on my personal side . Please help !!

Most Popular Reply

User Stats

136
Posts
51
Votes
Ryan Konen
  • Real Estate Agent
  • Tooele, Salt Lake City UT
51
Votes |
136
Posts
Ryan Konen
  • Real Estate Agent
  • Tooele, Salt Lake City UT
Replied

To refinance your Tesla under your LLC, consider lenders like Ally Bank, Taycor Financial, or National Funding, which offer business vehicle loans and may work with newer businesses if you provide a personal guarantee.

Loading replies...