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Updated over 8 years ago,
Who gets better lending? an LLC or two individuals
Hey yall! I am looking to make my first deal and I was wondering how to get the best deal when looking for funding. Please poke as many holes in this plan, but having just graduated college and having no money, I am turning to a HML for the down payment (20%) of the loan. The rest will be through a traditional mortgage bank.
Given the above knowledge, would I get a better deal for the HML and the Mortgage through an LLC or putting it in my name and transferring it to the LLC once some time passes?