Updated over 12 years ago on . Most recent reply
Loan type on 4-plex
I'm looking to purchase a 4 unit complex in Indiana. I'm not sure what route to take as far as getting a business loan through LLC ( I just set this up but thinking it may have been a waste) or getting a conventional loan through my name. Terms would be much better on the conventional mortgage, but I'm wondering what advantages, if any there would be on the business loan seeing as it requires a personal guarantee anyways?
Thanks!