Posted by Rich-CA on May 20, 2007 at 22:29:42:
I never said that. I said personal liability does NOT cover overflow from a business liability.
You make it sound like you’ve found a lending institution that lends to an LLC for residential mortages. But then you tell me (us) to keep looking. Have you found such a bank? If so, which one? Please share and I’ll call them tomorrow. Oh, and I mean mortgages that are basically the same interest rate as for ones requiring they be in my name.