Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

348
Posts
164
Votes
Shari Peterson
Pro Member
  • Lender
  • St. Louis, MO
164
Votes |
348
Posts

HM Lender needed for LLC purchase; LLC is buying property

Shari Peterson
Pro Member
  • Lender
  • St. Louis, MO
Posted

I have a scenario where there is a short sale approved for an LLC. Another entity wants to buy the LLC outright, including a property they have under contract, at the time of closing. Since the final entity buying is buying an LLC and NOT the property itself, this presents a challenge in finding funding for the purchase. The numbers are: Purchase $130k, Rehab $35k, ARV $260k. The property is in Maryland. Can anyone recommend a hard money lender that would loan under these circumstances?

  • Shari Peterson
  • Looking for