LLC means I have to do commercial loans?
My lender is telling me that if I form an LLC I’ll need to do commercial loans. I’d prefer not to pay the higher fees but I want the protection of an LLC. What have others here done?
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Yep, no conventional loans, pick your poison.