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Updated over 1 year ago,

User Stats

13
Posts
8
Votes
Giancarlo Valverde Barriga
  • New to Real Estate
  • Los Angeles
8
Votes |
13
Posts

LLC vs Individual loan

Giancarlo Valverde Barriga
  • New to Real Estate
  • Los Angeles
Posted

Excited to invest in my first property! I understand that having a property under an LLC is wise. However, I cannot seem to get a business loan for it, given that it has no revenue since I don't have a property for it yet. I keep going in circles and wonder how to finally get a property under an LLC if I can only get loans for myself. I am probably missing something but I have been stumped for some time now.

Thank you

Note: if you have any sources/directions that could educate me on this, id gladly read them.

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