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Updated over 12 years ago on .

Brent F.'s profile image
Brent F.'s profile image
Brent F.
  • from Delaware
  • Member since Sep 4, 2012
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9
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Brent F.'s profile image
Brent F.'s profile image
Brent F.
  • from Delaware
  • Member since Sep 4, 2012
Connect
Brent F.
  • Delaware
0
Votes |
9
Posts
Starting Out

Funding new company

Brent F.
  • Delaware
Posted

I'm just getting into flipping real estate. I formed the LLC and have the offer in on the house. Now I'm not sure how I should fund the rehab cost. My initial thought was to transfer 25k into the LLC threw my personal account. This is what I'm leaning towards.

My second idea was to get a loan out for the rehab cost to keep as much of my personal money in the bank as possible.

What do you guys think?

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