AboutBobbi Buehl Expertise Home mortgages is my expertise
Experience Experience in the area 15 years Organizations Mortgage Brokerage Education/Credentials BS in Chemical Engineering, BA in Sales and Marketing. Licensed Loan Officer for 6 years and I have worked as a Loan Officer for 15 years.
Question How can I buy a home in my business name? I have a software consulting company, personally I have very good credit (700s and trending up), and currently own a house that I occupy. I am considering either renting my current home or renting the new I purchase in the business name. The new home will either be a townhouse in the $400k range or a single family home in the $650 range in midtown Atlanta area. My main questions are around the procedure for purchasing the home in my business name. What are the benefits of doing this? Thanks for all your time.
Answer Hi Nikki,
You will need to contact a Broker or Lender in your area and they will be able to guide you through the process. Just know this; your interest rate will be higher as this will be considered an investment property, since you already have a primary residence.
