I’m setting up a real estate investment company should I be a Corp or an LLC. Can I get a mortgage in either?
I am in the process of setting up a real estate investment company with two other partners. We want to know whats better to set up a Corporation or an LLC. We will be purchasing property’s I assume under the corporate name with us as gaurantors. Unless we can do it as a strait Corp/LLC mortgage. I’m not sure if banks will lend the money to just a ccompany. Please help, all information will be appreciated.
You will neeed one of the mambers of your llc to put up money and credit initially, but then after you aqcuire some property and assets you can get a loan from the bank. I do real estate investment as well with an llc and after 3 years we were able to get a 500,000 dollar loan. With that loan we paid back the partner who origionally invested and now operate soley on the LLC’s money.
Nouveau Riche LIVE INCOME TRAILER
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Investment fund names new leadership team.(Janice Cook Roberts and Maria Gotsch, New York City Investment Fund): An article from: Real Estate Weekly $5.95 This digital document is an article from Real Estate Weekly, published by Hagedorn Publication on February 2, 2005. The length of the article is 370 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: … |
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