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Results (10000)
Kyle Brinks Purchasing property using LLC as purchaser?
28 September 2016 | 5 replies

Friends,I am currently purchasing a rental property using a personal mortgage. My lawyer has told me that i can buy this loan using an LLC as long as i sign a personal guarantee with the bank guaranteeing the loan wit...

Scott Alfano Borrowing through a new LLC
3 August 2020 | 10 replies

I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...

William S. How do people get LOC's for investing?
12 December 2017 | 10 replies

I see several posts on people who receive LOC's (not heloc) to finance their BRRRR properties. How are they finding funds for this? Is it personal or business line of credit.Can someone provide a basic example on how ...

John Lard 2 year wait on using LLC funds for property
18 October 2013 | 3 replies

Hello,

I am a member of a recently established 2-member LLC. We are looking to purchase our first property using leverage. In order to qualify for more conventional loans, we will each purchase a property w...

Jack Ventura Purchasing a property under a LLC
27 January 2020 | 8 replies

HI, I am a new investor, looking for a property in Colorado. I am going into buisness with a friend so we will be forming a LLC. We were told by a lender today that houses are not purchased and money is not lent to LL...

Graham Northrup Obtaining a Loan as an LLC
2 January 2019 | 9 replies

Greetings BP Hive Mind! I hope you are enjoying your New Year's Day. One of my goals for this week is to get prequalified in order to make offers.However, I will be doing so through my LLC, and most of the loan inform...

Josh Huber SSN for a Loan through an LLC?
22 October 2018 | 8 replies

Hello everyone,
I’m working on getting a commercial loan from a local bank for my LLC, but they require my SSN. Is this common? I thought the point of ownIng a buso ess entIty was to keep everything separate between y...

Jimmy Lin Cash out refinance for LLC owned property
26 May 2023 | 38 replies

Hello BP.  I would like some advice on securing loans in the name of a LLC.  I currently hold a property in Philadelphia.  Property is owned outright in a LLC, valued around 180k and occupied with a paying tenant.  I ...

Brent Causey Loan with Lake Lot as Collateral
13 October 2015 | 11 replies

I own a lake lot outright that will appraise for around $50k. This lot is on a high demand lake and lots/houses are scarce, as most lots and homes never make it to market - they are sold through word of mouth. I am wa...

Justin Witt Quit claiming Deed to LLC
15 September 2019 | 13 replies

Closing on another duplex soon and would like to know how long you guys wait after closing to quit-claim the deed to an LLC?
Also, do you guys have the mortgage company ACH the mortgage payment from the LLC's bank ac...