Loans as a S corp - Posted by Paul

Posted by Paul on November 07, 2005 at 08:35:19:

To be more specific, we are doing our first flip. At this point everthing is taken care of, we are just waiting to close later this month.
Is there any benefit to forming a new S corp and moving the property into it somehow. Maybe via a land trust which I’ve read here a few times. Or just holding it in the corp.
TIA
Paul

Loans as a S corp - Posted by Paul

Posted by Paul on November 06, 2005 at 19:01:22:

I would like to know if it is harder to get a loan for a property as a S Corp vs as an individual investor.
TIA
Paul

Re: Loans as a S corp - Posted by Patrick S. Lawson

Posted by Patrick S. Lawson on November 07, 2005 at 08:14:32:

It depends on the history of the corp.