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Updated almost 2 years ago,
HELOC on business owned by LLC
Hello all, I have a question.
I am going to close on a property by March 31st which I am going to purchase cash and own out right with no mortgage.
The property will be purchased by my LLC and I am wondering 2 things
Can I get a home equity loan on the property that’s owns by my LLC
and if yes, is there a waiting period from the time I purchase to the time I can apply for some type of loan where my property is collateral. Any help would be appreciated