Landlord Question and Answer Forum
Help!! I’m in the process of buying a new rental and was advised to create an llc and put the property under it. But the loan company is telling me they do not offer any
Mortgage loans to a business. They only can put
The loan in a persons name. Help me to
Understand!!!!
LeTesha S, VA on Monday, January 28, 2019
RE: How do you put a new rental in an LLC
Get the loan, then LLC.
Posted by
Matthew M, IL
on
Thursday, February 7, 2019
RE: How do you put a new rental in an LLC
Look at putting it into a real estate trust. The loan will be in your name the house will still be the collateral but the it still protects your assets.
Posted by
Scott H, VA
on
Wednesday, February 20, 2019
RE: How do you put a new rental in an LLC
you can have personal guarantee on your mortgage
Posted by
Fortune R, NJ
on
Tuesday, April 2, 2019
Author:
ben h, PA
Updated:
04/25/2022
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Author:
adffe s,
Updated:
07/18/2022
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Author:
Harry D, MD
Updated:
04/03/2019
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Author:
Carmelo S, KY
Updated:
04/03/2019
|
Author:
dwayne_graves o, FL
Updated:
09/18/2019
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