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Updated over 4 years ago,

User Stats

9
Posts
1
Votes
Vipul Vaghela
  • New to Real Estate
  • Milwaukee
1
Votes |
9
Posts

Multimember LLC Finance Option

Vipul Vaghela
  • New to Real Estate
  • Milwaukee
Posted

I formed an LLC with my 2 friends to start investing in a rental property. We are ready to put 20% down and looking for a property around $120k. I talked with one conventional mortgage lender and they directed me to their commercial department as we are 3 members in LLC and can't qualify for a conventional mortgage for some reason. Does anyone have a good referral for the commercial lender in the Wisconsin area?

Any other recommendations for financing are also welcomed.

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