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Updated over 9 years ago,

User Stats

12
Posts
1
Votes
Brendan Hayne
  • Investor
  • Poway, CA
1
Votes |
12
Posts

Getting a loan after LLC is in place

Brendan Hayne
  • Investor
  • Poway, CA
Posted

I have four rental properties and I want to purchase more. I have a question about what banks do when they see your existing rental properties in an LLC. Are they less inclined to give a you new loan when they see this? Do they suspect you are going to move the new property that they loan on into the LLC as well? Does anyone have experience with this? Does it cause problems when purchasing more properties? I would appreciate you sharing your knowledge.