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All Forum Posts by: Preston Rogan

Preston Rogan has started 1 posts and replied 4 times.

Mortgage Brokers & Lenders

Post: Financing investment property

Preston RoganPosted
  • Posts 4
  • Votes 2

Thank you all for the starting points. I really appreciate it. LLC is established and will be talking with a lender hopefully tomorrow.

0 Votes
Columbus, Ohio
Mortgage Brokers & Lenders

Post: Financing investment property

Preston RoganPosted
  • Posts 4
  • Votes 2

Thank you for the information. Applied for the LLC. Just waiting on it to finalize.

0 Votes
Columbus, Ohio
Mortgage Brokers & Lenders

Post: Financing investment property

Preston RoganPosted
  • Posts 4
  • Votes 2
Quote from @Mike Davis:

@Preston Rogan couple ways to look at this...how far away from your primary residence is the investment property? Are you getting into the investing arena, as in setting up an LLC to buy properties?

The property would be within 20-30 miles from my home if not within 5 mile radius. Ultimately would like to have it all setup under an LLC.

0 Votes
Columbus, Ohio
Mortgage Brokers & Lenders

Post: Financing investment property

Preston RoganPosted
  • Posts 4
  • Votes 2

I currently own a primary residence that I would continue to reside. Looking to pick up a duplex but I’m not real sure where to start. I chatted with rocket mortgage and they said for investment property they would be 25% down and 250+ loan. I’ve found what I’m looking for around 100-150k. The 25% down isn’t a problem.

2 Votes
Columbus, Ohio