Creative Real Estate Financing
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 about 4 years ago, 10/11/2020
getting a loan as an LLC entity
Hey all, I need some creative ideas as it pertains to obtaining a loan as an LLC.
I currently started an LLC and I am looking to obtain a loan for financing deals. None of the members in the LLC would like to put their individual credit on the line to obtain a loan as to not affect their personal credit.
My question is how does the LLC get a loan without affecting any of the members of the LLC? I know the whole It takes two years or so to build the LLC credit and after that the LLC should be able to obtain a loan as an entity. my question is geared towards before we hit that two years of building credit. What are some creative options to achieve that goal sooner?
Thanks,