Hard money lenders and llc

[Jake Schwiss]

To get money from a hard money or short term lender do you need an LLC formed?

I have looked at some through bigger pockets like LendingOne, I believe it was called, and they ask for business information.

[Stephanie P.]

Originally posted by @Jake Schwiss:

To get money from a hard money or short term lender do you need an LLC formed?

I have looked at some through bigger pockets like LendingOne, I believe it was called, and they ask for business information.

Most HML's require an LLC. Sometimes it's based on the state's requirements as well.