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 over 4 years ago,
Financing for LLC without personal income
We are looking to buy a property (single family) in Cleavland, OH under an LLC that is owned by my wife. I have a stable income, however my wife currently has no income (in the past 3 years has been taking care of the kids). We both have 700+ credit score and 300K+ in our mutual accounts and the property is 130K, so I am wondering if we can get the financing this way or we have to do something else? How much LTV is possible in this case and what would be the interest rates?
Thanks !