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Updated over 6 years ago on . Most recent reply

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Colton Wasieleski
0
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Mortgages, LLCs, and creative financing options

Posted

Say you reach your limit on conventional mortgages, could you potentially, with permission from your lender so there is no call on the note, transfer these conventional mortgages to an LLC and obtain more of these conventional loans in your own name or must you find other loans and if so, what types of loans can you find for long term property loans other than the conventional loan.

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874
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Guifre Mora
  • Lender
  • San Diego, CA
355
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Guifre Mora
  • Lender
  • San Diego, CA
Replied

@Colton Wasieleski once you reach your limit your reached it. LLC are till being owned by you and you have reached the limit and the commercial loan world is the new frontier for your RE needs.

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