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Asset Protection, Legal and Contract Issues, Income Taxes, 1031 Exchanges
(Moderators:
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Topic: LLC's (Read 1153 times)
amvg07
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Posts: 32
LLC's
«
on:
September 07, 2010, 02:01:33 AM »
Are there banks out there that you can get a loan under a corporation or LLC name?
Thanks for the advice
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mcwagner
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Re: LLC's
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Reply #1 on:
September 07, 2010, 08:14:00 AM »
yep, but not at a big-chain bank. look for a local bank.
and be prepared to give a personal guarantee.
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Mark Wagner, CPA, LLC
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BLL
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Re: LLC's
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Reply #2 on:
September 07, 2010, 09:07:16 AM »
Some of the local banks may require you to have an account with them or do your banking with them.
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garystought
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Re: LLC's
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Reply #3 on:
April 08, 2011, 02:18:26 PM »
Ask your realtor for an local investor bank. For us they will let you set it up as a llc loan but will also make you sign your name as well (2 sets of closing docs)
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matt909
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Re: LLC's
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Reply #4 on:
September 12, 2011, 05:09:58 PM »
Yes, I have mortgages in LLCs. Look for local banks. Call around and get busy until you find one.
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