Can A LLC Finance Property?

I am new to investment property. I want to buy a rental property in Colorado that I plan to keep. I own a business that is an LLC. I want to know if I can purchase this property in the LLC name with financing.

Thank you for any replies.

Comments(2)

  • ttime28th November, 2005

    To build credit for your LLC, would it be best to purchase property in the LLC but personally guarantee the loan? Eventually building a credit history?

    Then reaching a point where property is purchased and financed solely by the LLC.

  • nateham628th November, 2005

    Is it the same for an S-corp?

    Thanks,

    Nate

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