Llc Loans For Investment Properties – 10 Tips For Choosing The Right One

Can you get a loan with an LLC? Learn the basics of financing in real estate and the difference between recourse and non recourse loans for legal entities trying to acquire real estate with bank financing.

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My name is Nick Foy and I got started investing in real estate in college at age 20. My first property was a 4 bed/2 bath rental which then helped me afford my next property, a 3 unit apartment building at age 22. I added my third property at age 24, a five unit apartment building, bringing my total monthly income to over $5,000+ from the 9 tenants. These 9 rental property tenants help me generate close to $90,000 annually in gross rents.

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