Black Hawk, CO · Member since 2015 · 16 posts · 0 votes
When starting a Real Estate Investing LLC that has no credit or cash flow, but has large sums of cash reserves, due to deposits from private investors who own a % in the LLC, what are your options in terms of loan mortgage financing? For example, a newly formed LLC has $500K , but no credit or cash flow, typically what type of loan options are available if this LLC wants to purchase a multi-unit apartment complex well exceeding $500K? How much is a bank usually willing to loan a company in this position during a hot RE market with low interest rates?