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Updated almost 6 years ago on . Most recent reply

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Akeem Moreno
  • Real Estate Agent
  • Brooklyn, NY
25
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Investment property in a llc

Akeem Moreno
  • Real Estate Agent
  • Brooklyn, NY
Posted

How can I get a bank to lend to a llc the property I’m looking at is about $50000. Do banks even finance that low of a price. Property located in Harrisburg PA, and it’s already cash flowing.

Most Popular Reply

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Cameron Tope
  • Property Manager
  • Katy, TX
1,386
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1,793
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Cameron Tope
  • Property Manager
  • Katy, TX
Replied

@Akeem Moreno for my properties in Ohio and Texas I have purchased in my name then transferred the deed to my LLC. Speak with a local attorney but it's fairly common in my markets and a good way to get cheap financing while still protecting yourself from liability.

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