Updated over 5 years ago on . Most recent reply
LLC for seller financing?
Hello everyone, thank you in advance for your help!
I'm getting ready to close on a seller financed deal made up of 2 properties and 16 units. I have an LLC set up to purchase the properties but I was listening to a the RE Rookie podcast #42 (about 17 min in) and they were talking about challenges refinancing when you have an LLC.
I am planning on refinancing in 2-3 years and I just want to make sure that I can get the best terms possible. Is it better to buy it in my LLC or my personal name when it comes to refinancing?
I see a lot of pros and cons for having an LLC for liability reasons, so that's not what I'm looking for but mainly about the future refinance.
Thank you!
Jud