Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
LLC Investment Group & Lending
Currently well into the process of getting an investor group up and running via an LLC.
Will soon be filing with the state, opening our needed accounts and then determine financing or not.
Initial though was to buy property with cash. Decided to look around and seeing if leveraging (financing) for multiple properties was an option.
Question is for an "unproven" new LLC (no track record) where the ask from the bank is for all individual investors (members) to submit their personal documentation - if a property is financed would it show up on everyone's credit report and affect their DTI?
Thanks