All Forum Posts by: Rob Wallace
Rob Wallace has started 2 posts and replied 2 times.
Hi, I purchased a property and transferred to a two-member LLC in 2024. Looking for a tax accountant who can prepare our 2024 filings. Any referrals would be greatly appreciated.
Post: Recommendation for mortgage lender who will lend directly to LLC
- Posts 2
- Votes 8
I'm looking to purchase a rental property in Cincinnati. My partner and I are unmarried and have set up an LLC with each of us as 50% members. We would like to purchase the property through the LLC with financing directly to the LLC.
We spoke with a credit union who said that would be possible; however the loan was not approved due to both of us being NY residents. The LLC is an Ohio entity with an agent located in Ohio, and we also have local property management.
Is there any way we can amend our operating agreement/LLC structure in order to anonymize our addresses? Potentially a PO Box in OH for our addresses?
If anyone could recommend a lender who would be willing to loan directly to an LLC, that would be greatly appreciated!