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Updated almost 7 years ago on . Most recent reply

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5
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Elaine Johnson
1
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5
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Hard money lending problem within an HOA

Elaine Johnson
Posted

We're in the process of buying a property in an HOA with a hard money lender. Lender requires funding be to a corporation, LLC.

Just found out the HOA says ownership must be to real persons only and not a corporation. Any ideas on how to get around this ownership restriction? Will putting it in both the individual names and the LLC work?

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