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Updated over 5 years ago,

User Stats

6
Posts
4
Votes
Michael Porter
4
Votes |
6
Posts

FINANCING PROPERTIES THROUGH AN LLC

Michael Porter
Posted

My credit is not the best but he can get approved for a loan with his name. If we start a LLC together, will my credit affect the chances of getting the loan. I figured we can put the loan and property in his name and quick claim deed it to the business afterwards. Does this sound like a good idea? Any suggestions.

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