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Updated about 10 years ago on . Most recent reply presented by

Komenda Jadwiga's profile image
Komenda Jadwiga's profile image
Komenda Jadwiga
  • Real Estate Investor
  • from Streamwood, Illinois
  • Member since Dec 1, 2013
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Komenda Jadwiga's profile image
Komenda Jadwiga's profile image
Komenda Jadwiga
  • Real Estate Investor
  • from Streamwood, Illinois
  • Member since Dec 1, 2013
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Komenda Jadwiga
  • Real Estate Investor
  • Streamwood, IL
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Tax, SDIRAs & Cost Segregation

Series LLC

Komenda Jadwiga
  • Real Estate Investor
  • Streamwood, IL
Posted

We have three mortgaged properties and we are forming a series LLC for protection . We are also planning to buy another property .My understanding was that after forming a LLC the loans do not show up on your personal credit . My question is .... after all is done will these mortgages still show up on our credit report ? We were planning to buy and then include in the LLc series. If the loans will show up we will not be able to get another loan because of the high debt to income ratio .Is there a way we can purchase another rental with a high D/I ratio ?

Thanks BP

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