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Updated about 9 years ago,
Homepath Loans for LLC .. Anyone had experience with this?
I notice Homepath loans are investor friendly and will lend to an LLC with only 10% down and finance the repairs. However I can't seem to find if they will do 30yr loans to an LLC.
Does anyone have experience with this loan product?
If anyone can provide some information or your experiences in using this product and caveats involved I would appreciate your input.
Have you been able to get funding when the property will be held in your LLC? Was 30 yr financing available as an option?
I also haven't found any lenders who have this product in their lineup... any advice on that would be helpful as well.
Also on a side note... Do you know of any other options to get 30 yr financing when holding the property in an LLC?
Thanks,
Jeff V