Mortgage through llc

Mortgage through llc

I would like to know the difference between getting a mortgage for AirBNB as an individual or through LLC. I heard the terms on mortgage are better for individual and not so much if LLC. Is that right? Appreciate any input

1 Reply 1
Dimitar27
Level 10
Sofia, Bulgaria

It depends on where you are.
In my country, both are expensive now.

Mortgage interest rates for individuals are 3-4% and for up to 30 years.

For business- up to 15 years (maximum 180 months) and 5-6, even 7% interest.