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Real Estate
Reply to "LLC for rental property"
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[quote=Anonymous]I don't think it's just a matter of finding a different bank. You need a loan that allows LLC ownership, and Fannie Mae conforming loans (the kind that most of us have) do not. The Fannie Mae conforming loans are much cheaper, which is why some previous posters have recommended that you get an umbrella insurance policy instead. It's still possible to do what you want, but it may not be worth it.[/quote]
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