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Updated over 7 years ago, 08/01/2017
Rental Property Lenders
Hi all
I am planning to do real estate investing (buy and hold), and I am planning to do it big.
I have a LLC setup already, and I am looking for lenders willing to lend to a LLC. The purpose of the loan is solely to create a business credit history. Depending on the purchase price, I plan to pay it off 1 year to 2 years. My plan is to develop a good business credit history in about 2 to 3 years when I plan to tackle bigger projects. I plan to do this full time in the Philly area.
I personally have a great credit score, cash and 401k, but no income currently. I will like to keep my business finance seperate from my personal finance that is why I don't want to directly apply for a mortage.
Any help or advice will help
Regards
David