Kevin1loan
137 Posts |
 Posted - 05/15/2008 : 1:24:14 PM
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Ok everyone, this is going to be my first experience with LLC....
Client is setting up an LLC for future ownership of newer properties....
This will be the first purchase under the LLC
soooo
Here's the situation
The Guarantor of the LLC
800 borrower
Owns 5 mortgages
1 Home she lives in
1 apartment complex
5 Rentals
Can Provide Tax Returns
can put 10-20% down
They are buying a historical property (good shape built in 1888) for $296k
State Of MO
Non Owner Occ
Who's going to be the easier investor to work with???
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