Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

15
Posts
9
Votes
Daniel Bertozzi
  • Investor
  • Alexandria/Arlington/Northern Virginia
9
Votes |
15
Posts

Leveraging personal real estate experience for LLC purchases

Daniel Bertozzi
  • Investor
  • Alexandria/Arlington/Northern Virginia
Posted

Hello! Looking for thoughts here. 

I've bought a few rental properties over the past 7 years but have put them all in my own name. As I'm continuing to scale, I want to build up my newly formed LLC to acquire and hold properties that way. I'm under the impression (but still researching) that I won't be able to access substantial lines of credit for my newly formed real estate LLC to buy properties because the business is brand new, even though I've got 7+ years experience.

Anyone have any thoughts on how I can leverage my 7 years rehabbing and renting single family houses to access funds for my LLC without having to "build up a profitable business with a history of rentals held by the company"?


Thanks!

Loading replies...