[WSBARP] Lenders who lend on property to be held in an LLC?

[Elizabeth [Lisa] M. Carney]

Douglas,

Thanks very much.

Best,
Lisa


   Elizabeth [Lisa] M. Carney
         Attorney at Law

[devrieze-carney logo 6 13_60%]
de Vrieze | Carney pllc
3909 California Avenue SW
Seattle, WA 98116-3705
Phone: 206.938.5500
Fax: 206.535.6264
Carney at WestSeattleLaw.com<mailto:Carney at WestSeattleLaw.com>
www.WestSeattleLaw.com<http://www.westseattlelaw.com/>
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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Douglas Scott
Sent: Monday, November 1, 2021 4:05 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Lenders who lend on property to be held in an LLC?

Lisa,
Try Eastside funding in Kirkland 425 230 0000.  They do these types of loans.

DOUGLAS W. SCOTT
Rainier Legal Advocates|LLC

465 Rainier Blvd. N., Suite C
Issaquah, Washington 98027
425.392.8550 (tel)
425.392.2829 (fax)



www.rainieradvocates.com<http://www.rainieradvocates.com/>


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On Mon, Nov 1, 2021 at 3:18 PM Elizabeth [Lisa] M. Carney <carney at westseattlelaw.com<mailto:carney at westseattlelaw.com>> wrote:
Seeking possible insider experience …

Client wishes to purchase a property, transaction also involves two adult offspring as purchasers,  and put the property  into an LLC. The purchase will have a mortgage.

Perhaps you had a client with similar facts, and found a lender to assist? All purchasers will be on the loan and all will be members of the LLC.  The property  [part of it], will be a rental.

B of A, Chase and US Bank do not have a product for such.

Thanks,
Lisa


   Elizabeth [Lisa] M. Carney
         Attorney at Law

[devrieze-carney logo 6 13_60%]
de Vrieze | Carney pllc
3909 California Avenue SW
Seattle, WA 98116-3705
Phone: 206.938.5500
Fax: 206.535.6264
Carney at WestSeattleLaw.com<mailto:Carney at WestSeattleLaw.com>
www.WestSeattleLaw.com<http://www.westseattlelaw.com/>
CONFIDENTIAL & PRIVILEGED. This e-mail message may contain legally privileged and/or confidential information.  If you have received this e-mail in error, please notify the sender immediately and delete all copies of this e-mail message and any attachment. Unless you have previously signed an engagement agreement with this firm, and the firm has accepted you as a client, NO exchange of information by virtue of emails or communications will create any attorney client relationship, including any duty of confidentiality, between sender and/or recipient.
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