Challenges of creating an llc for buying rental properties

1 Reply

@Nazim Abdul Rahim Here is a quote from @Justin Sullivan

" So good and bad working with commercial lenders Good:

-easier to get financing

-quicker to get money

-more options

-able to tackle run down value add Projects with little out of pockets cost

-good for fix and flip or BRRR where you Sell or refi out

-doesn't need paystubs or DTI

-loans are Assest based with personal guarantor


-expensive money

-higher rates

-still able to buy turn key but interest Rate is 5-7% I am an advocate for commercial Money."

I work wiith multiple lenders message me if you would like to connect.

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