Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago on . Most recent reply

DSCR loans and LLCs - which state?
I am in MO. If I am buying a property with a DSCR loan in another state and want to put it in a LLC, does the LLC's state matter to the lender or affect the protection the LLC provides?
Most Popular Reply

Shouldn't matter to the lender, they either allow to close in an LLC or they dont. Each state does provide different protections for liability purposes though. There's lots of detailed videos from attorneys on youtube for this subject. I would verify with a professional before making a decision, but a good place to start.