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Updated over 1 year ago,

Karthik Natarajan's profile image
Karthik Natarajan's profile image
Karthik Natarajan
  • Investor
  • from Fremont, CA
  • Member since Jul 24, 2017
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15
Posts
12
Votes
Karthik Natarajan's profile image
Karthik Natarajan's profile image
Karthik Natarajan
  • Investor
  • from Fremont, CA
  • Member since Jul 24, 2017
Connect
Karthik Natarajan
  • Investor
  • Fremont, CA
12
Votes |
15
Posts
Private Lending & Conventional Mortgage Advice

Financing a LLC rental property purchase

Karthik Natarajan
  • Investor
  • Fremont, CA
Posted

My lender mentioned that he can do a home mortgage only on my personal name and not on the LLC name. The deed had to be in my name. Once the purchase was complete he asked me to change the deed name to LLC.

Is this the norm and common practice if someone is looking to finance a rental property purchase?

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