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Creative Real Estate Financing

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Farril De foor
  • Real Estate Investor
  • clovis, NM
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22
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loans for homes and apartments

Farril De foor
  • Real Estate Investor
  • clovis, NM
Posted Aug 3 2008, 10:48

I was working on getting a loan. Are there people who do loans in the LLC's name. Could you do a blanket loan in the LLC's name and combine all or most of our investment property? I suppose if we put all of the LLC it would increase my personal fico dramatically. My Score is between 680 and 710 because we buy and sell a lot of property.
We bought 2 4plex units the end of 07 We have a short term note on each for 8 months so we can season them, and find a lender as well.
We need a fixed rate we hate ARM's seeing how much trouble people are in today.
Were looking for 75% LTV 30 year fixed
No seasoning or unlimited properties is important

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