Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Local Real Estate Networking
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

User Stats

16
Posts
2
Votes
Dexter Cox
2
Votes |
16
Posts

I’m having a hard time getting a loan in my llc

Dexter Cox
Posted

I’m located in Pittsburgh, and having a hard time getting a loan from local banks in my llc name. Does anyone have advise on this.

  • Dexter Cox
  • Most Popular Reply

    User Stats

    22
    Posts
    36
    Votes
    Dustin Singer
    • Flipper/Rehabber
    • Pittsburgh, PA
    36
    Votes |
    22
    Posts
    Dustin Singer
    • Flipper/Rehabber
    • Pittsburgh, PA
    Replied

    Did you try S&T bank? You'll have to stick to the smaller local or regional banks in order to get a "portfolio loan". A commercial loan in my experience is a bit easier to qualify for. DTI doesn't matter, and I think they even put less of a weight on credit score. As long as the property has strong cash flow, and you have reserve cash accounts, it shouldn't be too difficult to find someone.

    Loading replies...