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Updated over 8 years ago on . Most recent reply

Julian Dozortcev's profile image
Julian Dozortcev's profile image
Julian Dozortcev
  • from Morganville, New Jersey
  • Member since Oct 22, 2015
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Julian Dozortcev's profile image
Julian Dozortcev's profile image
Julian Dozortcev
  • from Morganville, New Jersey
  • Member since Oct 22, 2015
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Julian Dozortcev
  • Morganville, NJ
7
Votes |
63
Posts
Buying & Selling Real Estate

Home Equity Lines

Julian Dozortcev
  • Morganville, NJ
Posted

Hi All, 

Is it possible to take a home equity line out on an investment property that is under an LLC?

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Marvin Stewart's profile image
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Marvin Stewart
  • Real Estate Agent
  • from Aubrey, TX
  • Member since Mar 11, 2014
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Marvin Stewart's profile image
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Marvin Stewart
  • Real Estate Agent
  • from Aubrey, TX
  • Member since Mar 11, 2014
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Marvin Stewart
  • Real Estate Agent
  • Aubrey, TX
13
Votes |
51
Posts
Marvin Stewart
  • Real Estate Agent
  • Aubrey, TX
Replied

@Julian Dozortcev, that's a good question. I have a property under my LLC and I would like to pull equity out of my property.

@Kerry Baird if we go for a LOC, wouldn't that be the same as a PLOC, which would be decided with our personal credit? I need an option directly through my property and I think Julian is seeking the same.

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