LIMITED LIABILITY COMPANY (LLCs)
CHER can help you create an LLC
What is a Limited Liability Company?
Limited liability companies offer three main advantages: (i) protection from liabilities; (ii) protection from creditors of other LLC co-owners; and (iii) flexible property ownership structures.
The LLC may be managed by its co-owners or by a manager who may not own the home (CHER affiliates).
LLC formation is ideal for multi-family and single-family homes.
Requirements:
Credit Score: 660.
Down Payment: 10%.
Can be used for 2-4 units properties and single-family homes .
30 and 40 year fixed rate term available.
Co-owners are not required to live in the home.
*Contact us to see if you can qualify for a TIC Loan or other co-ownership arrangements.
