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Updated almost 4 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Michael Almeida
  • Contractor
  • Fort Myers, FL
3
Votes |
18
Posts

How to get Fix and Flip mortgage on a LLC ?

Michael Almeida
  • Contractor
  • Fort Myers, FL
Posted

Me and my partner would like to get a fix and flip loan under a LLc .

Most Popular Reply

User Stats

34
Posts
13
Votes
Blake A. Rivers
  • Lender
13
Votes |
34
Posts
Replied

Most lenders that lend to LLCs or more specifically Real Estate investment LLCs are looking for real estate ownership experience prior to getting a loan for you in your LLC. The reason for this is that most Real Estate investment loan providers are asset based lenders and are looking at your liquidity, experience as a real estate investor and the asset you are buying/refinancing. @Michael Almeida If you own properties in your name or have done successful fix & flips in last two years you should be able to get financing from most national private money lenders made to your LLC.

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