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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Indianapolis, Indiana
  • Member since Jun 25, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Indianapolis, Indiana
  • Member since Jun 25, 2015
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Account Closed
  • Investor
  • Indianapolis, IN
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Starting Out

LLC Loans

Account Closed
  • Investor
  • Indianapolis, IN
Posted Jul 4 2015, 12:42

Hi,

This forum is such a great resource. I have a couple of properties in an LLC and paid for (no mortgage) I am looking to get mortgage on both of them so I can get some cash to reinvest.

Everything I read says that it is very difficult to get a mortgage on an LLC, but there are some that have been successful. Can anyone share share success in getting mortgage on rental properties in an LLC. Who are the providers and what terms. ?

My other choice is to Quit Claim and put them under my name and then get the mortgage. But them I loose the LLC protection from my personal assets.

Thanks   

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