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Updated over 1 year ago on . Most recent reply

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Private Lending & Conventional Mortgage Advice

PML - when there are two LLCs - one managed by the other

Tamara Johnson
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"X" LLC will hold title to the property for which the loan is made.

"Y" LLC is the managing/holding LLC of "X"

To which LLC should the loan be made?

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Chris Seveney
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@Tamara Johnson

You could find a lender for LLC layering but at end of day the lender will require a personal guaranty so layering for loan purposes is mute because the lender will go after every asset the owner has including any and all other LLC's

The loan would be in the LLC which owns the property

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