Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
New Member Introductions
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 almost 4 years ago on . Most recent reply

User Stats

22
Posts
1
Votes
Garrett Hollenbach
Pro Member
  • Rental Property Investor
  • Salisbury, MD
1
Votes |
22
Posts

Why do LLCs have difficulty getting loans?

Garrett Hollenbach
Pro Member
  • Rental Property Investor
  • Salisbury, MD
Posted

I have had some banks tell me they won't refinance a property under an LLC. I'm trying to understand why? Moving forward (as a investor that has 3 doors) I'm trying to decide if I'm going to get an LLC. I know there is 1000 different opinions out there so this isn't about whether or not I should get an LLC. This is about understanding why banks don't always like working with LLCs. Any insight would be great! Thank you BP community!

  • Garrett Hollenbach
  • Loading replies...