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Updated almost 4 years ago on . Most recent reply

Bradley Payne's profile image
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Bradley Payne
  • Member since Feb 12, 2021
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Bradley Payne's profile image
Bradley Payne's profile image
Bradley Payne
  • Member since Feb 12, 2021
Connect
Bradley Payne
8
Votes |
10
Posts
General Real Estate Investing

LLC and Conventional Loan

Bradley Payne
Posted

My wife and I are looking into doing multiple MultiFamily long term rentals (1-4 units). We have a large chunk in our savings and was wondering if it was possible to start an LLC and get a CONVENTIONAL loan ? We were reading that if you start an LLC you need to do a COMMERICIAL loan. Can anyone clarify this for us? If we cannot secure a conventional loan (which is lower interest rate) what would be the best route for us?

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