All Forum Posts by: Rohit Raturi

Thanks Benjamin and Stuart. This is exactly my understanding. I don't plan to live in the property and don't need FHA Loan. Is DSCR the only option then for LLC?

Plenty of lenders able and willing to lend on properties owned by LLC's. The guarantor is what matters most. Given your credit score and ability to fund 25% of the purchase I don't foresee any obstacles you will face. Unless you are someone who is going to take advantage of the leverage offered in an FHA loan, I am generally in favor of purchasing investment real estate in an LLC. Far more costly to transfer property at a later point than simply purchase in an LLC on day one. Lots of misconceptions about LLC's when it comes to financing real estate. It's usually the member/borrower's creditworthiness that is the issue and interferes with approval, not the LLC.