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Buying Houses as an Investor?


Is it more easier for qualification purposes to buy investment property through corporate credit or personal credit if Iinteed to finance lots of properties. I have 2 properties so far on my personal credit and want to buy more without underwritters making it difficult. And the corporation that I currently have is new without any credit on it but I'm working on it. I hope this makes since.

Yes, use personal credit. I am a broker who is signed up with 160 lenders and can get 100% on investment properties. I also have lenders who allow unlimited properties as well as some up to 14. Please inquire through our websites
http://www.azspotlighthomes.com
http://www.myarizonahomemortgage.com

It is easier to buy property on personal credit. A lot of lender's will not lend to a LLC or they will not lend as much. If you have good credit and good cash reserves there is no reason that you wouldn't be able to finance more properties. I work for the #1 mortgage lender in the nation. We offer 100% on investment property's.

Typically you are going to get better financing on your personal credit than through your coporate entity if it is new. Now if your coporate entity has significant assets that would be different. Your coporate entity could probably get a mortgage...but the interest would be much higher and you would probably have to put more money down. Thats because it would be a nonconforming loan, the lender would have to hold that loan for the term or at the very least have a very small market in which to resell the loan.
Your best bet is to just keep buying property using your personal credit and quit claim it to your corp (you run the risk of having bank call your loan...from my understanding that never happens unless you fall behind on payments). When you have built up enough properties and equity, just tap the equity for new purchases as opposed to financing the new purchases, you save on transactions costs (mortgage fees, appraisals, etc)

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