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Updated about 14 years ago, 09/12/2010
Conventional financing using the LLC?
I am looking to purchase my second rental property soon; however, this time I will need financing. My question is first, will my LLC have a problem getting financed since it doesn't really have a credit history? I do have a business credit card under the LLC's name, but I've only had it and the LLC since May of this year. Second, is it necessary to get financing through the LLC rather than myself because of potential future lawsuit issues?
Thanks for the help!