Updated over 5 years ago on .
Help using LLC for out of state purchase
I have located 2 properties that are in a neighboring state and been in contact with some local lenders on the opportunity. However, I'm looking to make these purchases with my foreign llc or having to create an in state llc. The lenders i have spoken with so far are willing to do with llc if it has been operating for 2 yrs or in my personal name (not my first choice). I would like to go through a bank to get a better rate or I may have to look at owner financing ( @10%). Any recommendations or suggestions?