Rehabbing & House Flipping
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 8 years ago,
Getting a Loan in Investor's Name?
I'm looking into beginning a flipping business. Currently, I have 3 fixed loans in my name (1 personal and 2 rentals). I'm looking into current financing I can get with a local portfolio lender, but I can imagine very soon that I'll be wanting to manage multiple flips at the same time, but will run into the problem of not being able to get another loan personally.
So the question: is it common for flipping businesses who take on investor money to have the investor take out the loan in their name?
Thanks!