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Updated over 3 years ago,
Financing Rental Deals with Multiple Partners
Hello BP Fam,
I have an LLC (w/ multiple members) and we are looking for BRRRR or turnkey properties to start. I wanted to know what methods or approaches you all have used when financing rental property deals. Please include what are the requirements to qualify for said loan. We have done research on pretty much every loan type, but we ideally would like to know how to funnel through our LLC.
I have also read some people have went the conventional route and switched over to a commercial loan (if anyone knows this process, I'd be interested in hearing more!).
- 1. Loan Type
- 2. Qualifications
- 3. LLC capability
Thanks!
Steve B