Lending question regarding LLCs

[BJ Gibbs]

I heard recently that it is better when trying to get a loan to have the property titled under me and partners' names personally rather than an LLC.

Can someone provide some advice here and also some recommendation of lenders for the Georgia market?

Thanks

[Chris Coleman]

@BJ Gibbs yes, investment property financing will come with higher rates than if it were your primary home. But as @Daniel Dietz mentioned, a loan in your own name, even for an investment property, would generally not be as high a rate as a loan through an LLC.

But check out both and see where you get the best terms.

I do not own any property in GA, so unfortunately I can’t recommend any lenders specific to there.