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Private Lending & Conventional Mortgage Advice

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Justin Hennig
Pro Member
  • Investor
  • Minneapolis, MN
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59
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Are their long term loans available for companies (15-30yr)

Justin Hennig
Pro Member
  • Investor
  • Minneapolis, MN
Posted Nov 19 2013, 16:33

Just getting my REI business launched and one of the goals is to acquire Buy/Hold property under our LLC (We want the property deeds under our LLC name for personal asset protection)

We have sources of short term capital lined up for Fix/Flips, but the longest term loan I've found is for 5 years w/ Balloon at the end for Buy/Fix/Hold.

Is it possible to get long term loans for a business, specifically 15-30 year amortization loans, similar to residential real-estate loans that a private person can get, and where would I look?

Our personal mortgage company doesn't do this, and my commercial mortgage company doesn't either.

Should I just keep calling more lending institutions?

Any help would be great...thanks!

Justin

Lynnhurst Holdings LLC Logo

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