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Investors & landlords
Thanks for all this info and food for thought regarding the LLC's. Not to discount the wisdom of your advice, I wanted to share that I have purchased a rental new property with a bank loan in an LLC where the lender required a personal guarantee for the repayment of the loan. For them, this satisfied their concern about recovering payment from the LLC. I personally loaned the down payment and other needed funds to the LLC, and faithfully repaid it.
‎October 11, 2021
9:13 AM