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Updated almost 3 years ago,
What is the next move? Properties are in LLC
What is my next move? These properties are in an LLC. I have a 140k line of credit as well. I do not want personal loans, how do I situate this to purchase my next property?
1st property-paid off
Value 190k/rented now for $1400 monthly
*Sales price when purchased-119k
2nd Property- 89k owed
*commercial note/5%
Property Value-180k/rented for $1400 monthly
*Sales price when purchased-120k