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Joselyn Woodard
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Dscr loan for rental properties

Joselyn Woodard
Posted

Hello , is it possible to purchase a rental property through an existing LLC? If so how would that work with no cash financing or dscr loan?

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Eric Clark
  • Lender
  • Oregon
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Eric Clark
  • Lender
  • Oregon
Replied

Yes, it's definitely possible. In fact, most business-purpose lenders actually prefer or even require that you close in an LLC rather than your personal name. It keeps the deal clean and professional.

The 'no cash' part is where it gets a bit more involved. While standard DSCR loans usually require some skin in the game, there are ways to structure things using bridge debt or other leverage options if the property is a deep enough discount.

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