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Buying & Selling Real Estate

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Andrew P.
  • Investor
  • Syracuse, NY
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37
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Mortgage and LLC

Andrew P.
  • Investor
  • Syracuse, NY
Posted Sep 23 2015, 10:40

Hi I'm trying to buy rental properties for 80, 90k. Wells Fargo is telling us they can not give loans with the title being in the LLC, it has to be an individual loan. They only do LLC title loans for above 400k. Is this true? Does everyone get an individual loan then transfer the title after closing?

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