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Updated about 4 years ago on . Most recent reply

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Kumar Tummalapalli
  • Real Estate Investor
  • Chicago, IL
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get an investment property loan through an LLC

Kumar Tummalapalli
  • Real Estate Investor
  • Chicago, IL
Posted

If I want to get a loan for an investment property using my LLC , are there any options apart from private/hard money lending ?

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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Replied
Originally posted by @Kumar Tummalapalli:

If I want to get a loan for an investment property using my LLC , are there any options apart from private/hard money lending ?

DSCR lending is the hot ticket in non-qm lending right now and you can use your LLC. No income verification, no tax returns, up to 80% ltv on a purchase and rates in the 4's on a 30 year fixed.

Lots of people are moving away from conventional financing for their investor loans (including lenders) and going with the no hassle option.

Stephanie

  • Stephanie P.
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