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 over 8 years ago,

User Stats

8
Posts
1
Votes
Stuart Dean
  • Investor
  • Seattle, WA
1
Votes |
8
Posts

Pay off properties or finance more?

Stuart Dean
  • Investor
  • Seattle, WA
Posted

I am a new investor-over the course of the past year I have purchased two duplexes with conventional investor loans on my personal credit profile.

I have built up enough money to put 25% down on a third, but am wondering if I should be focusing on paying down my existing properties first so I can move them into an LLC? (I am under the assumption for tax reasons having them in an LLC is much more preferable.) Appreciate any advice.

Loading replies...