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Updated over 2 years ago,

User Stats

689
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756
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Aaron Hunt
  • All Over, USA
756
Votes |
689
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LLC Investment Group & Lending

Aaron Hunt
  • All Over, USA
Posted

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

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