Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
BRRRR Strategy with LLC?
I just created an LLC and will transfer my current properties into them on the next refinance. I bought these properties in my own name.
How would I do this in the future with new purchases via BRRRR? Would I buy them directly into the LLC or should I buy personal then transfer them later on the refinance? Does it matter?
Reason I ask if I have some personal credit cards with a 5% interest rate that I like to use for renovations. If I buy directly in to the LLC, then does this limit me to only using business credit cards?