All Forum Posts by: Honza Vosalik

@Honza Vosalik

Sure. You can do a conventional loan (and you should) before you do a dscr loan

Rates, terms and fees are better

Contrary to what many are saying, you don't need an LLC to do a DSCR loan anymore. We do a ton of them without LLC's. I'm not an attorney so taking advice from me on the matter shouldn't be viewed as legal advice, but until you've got a ton of properties and you're going to treat the whole thing like a separate business, then you don't need an LLC. If you get one, more than likely you're going to co-mingle funds and that will allow the "corporate veil" to be pierced. Get an umbrella liability insurance policy instead.