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Updated over 5 years ago on . Most recent reply
Referrals for Mortgage Brokers
Hello,
I am starting to invest out of state and decided to start in KCMO! I already have a decent portfolio in Southern California but wanted to get into some investments that can cash flow almost immediately. I recently completed a cash-out refi and have started making offers in KCMO. The current mortgage broker that I am working with doesn't have experience with investors and I am have trouble getting approval.
I have an LLC set up for my investments. All of my properties with less than 4 units are personally owned with mortgages in my personal name. The properties that are 5 units and up are owned by the LLC with the loans in the LLC's name. However, all of the rents and expenses are reported under the LLC.
Does anyone else have a similar setup and have a referral for a mortgage broker that can accommodate?
Thank you!
Most Popular Reply
@Chung Cam I have two national brokers I use for myself and my clients I will send your way.