Updated almost 4 years ago on . Most recent reply
LLC Title Holding/Financing
How does the conversation go between Lender and customer when asking to have the investment property placed under the LLC financing?
Most Popular Reply
Greg Scott
#2 Multi-Family and Apartment Investing Contributor
Pro Member
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- SE Michigan
- 6,257
- Votes |
- 4,388
- Posts
Greg Scott
#2 Multi-Family and Apartment Investing Contributor
Pro Member
#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- SE Michigan
"I would like to put this loan and property in my LLC"
- Agency Loan Option "Legally, they cannot allow you to do that. It is a violation of their charter. I cannot recommend you do that."
- Bank Loan Option "OK, here is some paperwork to fill out"