Mortgages for rental properties

[Mitchell Senkowicz]

Me an a partner are planning to set up an LLC together to buy rental properties through. What is the best way to get mortgages for these properties if we are putting a sizable down payment of 25-35% down for each? Will standard banks and mortgage companies loan to an LLC for investment properties? and even further a new LLC? Will using an LLC that already exists and has been in business for a few years make any difference?

I've talked to some companies such as Lending One and Lima One about refinancing a BRRRR, but am wondering if these are still the best to go through if we're buying properties off the MLS and putting money down in a more standard fashion. Trying to get the best interest rate I can.

Any advice suggestions or guidance is very appreciated.

Thanks,

Mitch

[Jaysen Medhurst]

@Mitchell Senkowicz, Pen Fed CU is offering as low as 3.875%. It has a 10-year balloon, but worth considering. Here's a good place to start finding local FL banks and credit unions.