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re: Real Estate Investing......... New update pg 7
Posted on 2/19/15 at 9:01 am to NEWBIE
Posted on 2/19/15 at 9:01 am to NEWBIE
quote:
If the LLC was just formed for the parking of the real estate, the bank is running your personal credit for the loan anyway.
This is exactly what they did with us. My dad was the guarantor and they ran all his financials before giving us the ok but we had no problems. He will have to sign the personal gurantee when we aquire our first few deals.
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