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Can a buyer get a mortgage to purchase LLC membership interests?

Almost never with a conventional residential lender. Fannie Mae and Freddie Mac guidelines require a direct deed conveyance to the borrower - they will not underwrite a membership interest transfer. This limits your buyer pool to all-cash purchasers or those with portfolio lenders willing to finance entity-level acquisitions. Factor this constraint into your pricing and marketing strategy before committing to an entity sale structure.

From the seller playbook: Selling Through an LLC or Trust

This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.

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