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Updated over 9 years ago on . Most recent reply

Hard Money Loan
When getting a HML would it be tied to my LLC or to me as an individual?
I have an LLC with a partner.
Most Popular Reply

Depending on the lender you use for the HML it can be either. We do both. You have more asset protection in an LLC and we encourage entity set up for our borrowers. In Texas, you can do series LLC formations and they are even better. For your long term financing, an entity again will be preferred. Let me know if you need more help.