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Updated about 7 years ago, 11/28/2017

User Stats

20
Posts
9
Votes
Jim Hern
  • Investor
  • Miami, FL
9
Votes |
20
Posts

Recommendations for my process - loan to an LLC

Jim Hern
  • Investor
  • Miami, FL
Posted
I’m looking for advice on efficient steps to take and what I can realistically expect to see in my process to find a local South Florida lender, for lending to an LLC on SFHs for my buy and holds. I’ve had no problem finding good lenders who will lend to me personally...but that’s not what I’m looking for now. I’ve been talking to a few local banks and it’s a mixed bag of responses: in general, they’ve offered very short (5 to 10 year) term loans for higher rates. Not interested in those. So far, it’s been frustrating and time consuming - several dead ends. Perhaps I need to improve my identification process? Thanks in advance for any advice you can provide!

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