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Updated about 2 hours ago on . Most recent reply

User Stats

85
Posts
22
Votes
Vasudev Kirs
22
Votes |
85
Posts

Help with LLC, purchasing, HELOC

Vasudev Kirs
Posted

I purchased an investment property under LLC and maintain its rental income in a business account.

I am now at a point of purchasing another property and would like to use the rental income towards down payment. 

1. Are there any lenders who can approve mortgage to an LLC?

2. Is it easy to apply for cashout refinance or HELOC if it is under LLC?

3. Does LLC complicate things?

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