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Updated over 6 years ago on . Most recent reply

Sean S.'s profile image
Sean S.'s profile image
Sean S.
  • from Philly Suburbs (chester, delaware county)
  • Member since Jul 11, 2019

User Stats

54
Posts
6
Votes
Sean S.'s profile image
Sean S.'s profile image
Sean S.
  • from Philly Suburbs (chester, delaware county)
  • Member since Jul 11, 2019
Sean S.
  • Philly Suburbs (chester, delaware county)
6
Votes |
54
Posts
Personal Finance

Pennsylvania Loan help

Sean S.
  • Philly Suburbs (chester, delaware county)
Posted

Hi everyone, 

I have recently created a LLC, but am struggling to find a loan provider. I am trying to use a conventional lender due to the low rates. The banks that I spoke with won't lend to LLCs. So then my plan was to personally get a Fannie Mae loan and then transfer the title to the LLC, but those same banks said it's not possible to get a conventional loan for investment properties. Any advice? I'm located in Pennsylvania, near philly.

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