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Updated over 7 years ago on . Most recent reply

Michael Frankel's profile image
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Michael Frankel
  • Real Estate Investor
  • from New York City, New York
  • Member since Jan 6, 2017
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Michael Frankel's profile image
Michael Frankel's profile image
Michael Frankel
  • Real Estate Investor
  • from New York City, New York
  • Member since Jan 6, 2017
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Michael Frankel
  • Real Estate Investor
  • New York City, NY
5
Votes |
25
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Multi-Family and Apartment Investing

Loan Suggestions for Duplex in FL

Michael Frankel
  • Real Estate Investor
  • New York City, NY
Posted

Hi,

I'm buying my first duplex in FL and I'm looking around for a mortgage. I'd like to buy as an LLC and take the debt as such (with a personal guarantee). Any suggestions as to which bank/lenders to reach out to? Credit scores and income aren't a problem, fortunately.

Thanks for the help!

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Salvatore Lentini's profile image
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Salvatore Lentini
  • Rental Property Investor
  • from Doylestown, PA
  • Member since Jul 7, 2008
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Salvatore Lentini's profile image
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Salvatore Lentini
  • Rental Property Investor
  • from Doylestown, PA
  • Member since Jul 7, 2008
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Salvatore Lentini
  • Rental Property Investor
  • Doylestown, PA
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Salvatore Lentini
  • Rental Property Investor
  • Doylestown, PA
Replied

@Michael Frankel - I've financed all of my 82 rentals through my LLC's with different private capital groups. Rates are higher than a local bank but lower than hard money and far easier and quicker to qualify. Message me if you want some suggestions.

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