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Updated almost 2 years ago,

Kim Frantum's profile image
Kim Frantum's profile image
Kim Frantum
  • Rental Property Investor
  • from Waterford, MI
  • Member since Mar 7, 2023
Connect

User Stats

30
Posts
4
Votes
Kim Frantum's profile image
Kim Frantum's profile image
Kim Frantum
  • Rental Property Investor
  • from Waterford, MI
  • Member since Mar 7, 2023
Connect
Kim Frantum
  • Rental Property Investor
  • Waterford, MI
4
Votes |
30
Posts
Private Lending & Conventional Mortgage Advice

Personal Loans or LLC

Kim Frantum
  • Rental Property Investor
  • Waterford, MI
Posted

I'm a new investor preparing to purchase my first investment property soon. Eventually, I would like to place my properties into an LLC, but for now I feel like I need to purchase my first property the conventional way; get a loan through the bank. From what I've read, new LLC's are probably not going to obtain financing. Is this the way to go? Any advice or feedback is appreciated.

Detroit, Michigan
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