Financing a Residential Property Held in an LLC

[Tyler McDaniel]

Hello Everyone, I plan on using the BRRRR strategy; buying a house for cash and rehabbing, then refinancing. I’ve read a lot of people saying that lenders won’t lend to an LLC for conventional financing and that you will have to get commercial loans. Is there a way you can personally guarantee the mortgage and hold the property in its own LLC for asset protection purposes? If not would my best bet be to find a small bank who will financing these deal who doesn’t sell the mortgages to Fannie and Freddie? Thanks for the help. I’m looking to invest in the Tampa, FL area.