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27 November 2024 | 2 replies
We are hoping to avoid doing any sort of partnership and maintain a single member LLC, but searching online hasn't been fruitful.
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28 November 2024 | 184 replies
CharlieCharlie Adams | CEOSentry Strategy, LLC
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26 November 2024 | 6 replies
I did some research and there didn’t seem to be any reason why you’d tell the bank your LLC is owned by your SDIRA.
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29 November 2024 | 9 replies
It should also be noted that there is often a difference between the borrower and the guarantor.If the loan is made to an entity (LLC, corporation, trust, etc.)
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26 November 2024 | 35 replies
But the real deal is that the bank did not want to put the property in an LLC.
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26 November 2024 | 17 replies
It's not great either but they are stating if given this deal once I have 5 properties; they will allow me to convert my 5 properties (I have an LLC but the properties are all in my name not in the LLC yet) over to a commercial loan (5 properties min) and give me a line of credit to continue buying additional properties.
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25 November 2024 | 12 replies
I would look into whether you really need a multi-member LLC at this point.
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21 November 2024 | 16 replies
The LLC will have zero impact on lending.
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27 November 2024 | 4 replies
I'm looking to get their "package" which includes a Holding company, LLC Subsidiary, Corporate Financial Program and an Estate Plan.