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Updated over 5 years ago on . Most recent reply

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23
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9
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Anatole Doak
  • New York, NY
9
Votes |
23
Posts

Credit Union or Lender in New Jersey

Anatole Doak
  • New York, NY
Posted

Hi everyone,

I live in New York, but I'm looking to purchase a townhouse in New Jersey outside of Philadelphia as an investment property. I've heard some Credit Unions will lend to an LLC to purchase property, and others who don't lend to LLCs still give favorable terms to individuals. Looking for recommendations for a credit union that lends in NJ to an LLC and also open to recommendations for good credit unions to work in general?

Thanks,

Anatole

Most Popular Reply

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882
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721
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Judy Parker
  • Rental Property Investor
  • Closter, NJ
721
Votes |
882
Posts
Judy Parker
  • Rental Property Investor
  • Closter, NJ
Replied

Commercial Banks may lend to an LLC with a Personal Guarantee from the Owner.

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