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All Forum Posts by: Mayur Patel

Mayur Patel has started 1 posts and replied 1 times.

Goals, Business Plans & Entities

Post: Buying a property under personal FHA loan and renting under LLC

Mayur PatelPosted
  • Posts 1
  • Votes 0

Looking for advice. I am looking to invest in PA. However, getting loans under LLC is very hard in PA. As a result, seeking option to purchase the property with 20% down with a FHA loan. Getting the mortgage under my name; then rent the properties with agreement with the LLC.

LLC would be renting the property first from me, and then subletting under its own agreement. Please let me know if that is allowed according to PA Laws.

Thank you.

0 Votes
Wilkes Barre Scranton, Pennsylvania