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Jesse Ramirez
  • Specialist
  • Las Cruces, NM
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557
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Can LLC formed to buy real estate borrow from bank? Bankers/Lenders please help!

Jesse Ramirez
  • Specialist
  • Las Cruces, NM
Posted Apr 1 2009, 18:03

I recently formed an LLC solely for the purpose of real estate investing. Question is, will a bank lend to my zero asset entity based on the facts of a real estate deal alone? For example, if I find a 75% occupied multi family property with positive cash flow will a lender lend to my entity based on the fact that the property should pay itself.

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