Lending to LLC for Turnkey Rental Purchase
I created an LLC to do local small scale syndication deals in my area, which I still plan to do. I am also strongly considering getting involved with out-of-state turnkey rental real estate and would also like for those properties to be in the same LLC.
My question is whether or not a lender would likely allow the LLC to own the property from the start (to avoid having to transfer it later) and just have me sign a personal guarantee of some kind. I know there are lenders that lend directly to LLCs, but the terms don't seem nearly as favorable.
I guess the only way to find out for sure is to ask the lender directly, but I figured I'd tried to get some feedback here first, since I'm sure others have come across the same situation.