Additional info that might help: So when we created
the LLC money was lent to that LLC from me and my son in order to purchase the real estate.
Not exact matches
-- Real estate broker at Watters International Realty,
LLC — His team
is # 1 Agent in Austin — Austin Business Journal Inc 500 — Experience includes title insurance, acquisition, hard
money lending, and mortgage banking — Graduate of Texas State University — Based in Austin, Texas — Say hi to him at www.christopherwatters.com — Best Ever Book: Awaken the Giant Within by Tony Robbins
Shortly after the bank
lends you the
money, the loan
is transferred to an entity called The National Collegiate Funding
LLC.
I also have never seen a state or federal chartered
lending institution give a loan to an
LLC with no PG's unless the borrower
was or
is HUGE financially IE have liquidity at 20 to 50 times the amount of
money the
LLC's borrowing... Its against the banks
lending charters to make loans in this fashion at least in my experience..
Asset Based
Lending,
LLC (ABL)
is a private, hard
money lending company in the Boston Metropolitan area of Massachusetts.
Located in Redondo Beach, California, Civic Financial Services
LLC is a leading private
money lending provider servicing the greater Los Angeles, Dallas, Phoenix, Seattle, Portland, Denver, Miami, South Beach, Tampa, Sarasota, San Diego, San Francisco, Irvine, Las Vegas, San Jose, Riverside, San Bernardino and surrounding communities.
The hard
money lenders require an
LLC to
lend to, but then when I want to refi into a conventional loan, I wont
be able to do so under the
LLC as I'd have to get corporate loans which may require more
money down..
For private, hard
money lending, Asset Based
Lending,
LLC (ABL)
is your premiere choice.