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All Forum Posts by: Swathi Sangli

Swathi Sangli has started 0 posts and replied 1 times.

Quote from @Jimmy Lin:

Thank you @John Kwon.

Update: I went to a real estate meet up, and got convinced to sign up for a 3 day seminar. The seminar was very educational, especially for a new investor. I practically jumped out of the chair when they brought in a mortgage lender from a local bank as a guest speaker. The lender is specialized in working with investors. Needless to say, I jumped on the opportunity! We are now in the process of closing two portfolio loans, 10/1 ARM amortized on 30 years with 4.25% interest. And no, they had no issues with me holding title in my LLC!!

How many properties do you need to get a portfolio loan and which sort of banks let you hold a title in my LLC while giving you rates that are not in the commercial loan ranges? Really trying to figure this out right now