Updated over 5 years ago on . Most recent reply
partnership LLC financing question
I'm trying to do an analysis on a 4 plex, that I'd go in on with my partner. When we finished our last deal (new construction duplex) the bank could only offer us a 25/yr mortgage since we are a business entity.
Is it even possible to get a 30/yr mortgage in this same setup? We split 50/50, so I'd be hesitant to put in solely in either of our names.
Any help or insight would be appreciated!