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Updated over 6 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Columbus, OH
  • Member since Jun 14, 2018
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Columbus, OH
  • Member since Jun 14, 2018
Connect
Account Closed
  • Rental Property Investor
  • Columbus, OH
1
Votes |
3
Posts
Private Lending & Conventional Mortgage Advice

Fannie Mae vs Portfolio Loan

Account Closed
  • Rental Property Investor
  • Columbus, OH
Posted
I’m financing a 3 unit property that will be owned by my LLC. My banker has offer me 2 options. 30% down 5.5% 5yr arm max 1% every 5 years 25 yr mortgage in my LLC or Fannie Mae 25% down 5.75% fixed 25 year (maybe 30) but in my name, not my LLC. Do I have any tax or financial issue?
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