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Updated almost 4 years ago,
ADVICE NEEDED: Re-financing with a property owned by an LLC?
Hello Bigger Pockets Community (Newbie Here),
My business partner and I are currently looking at purchasing our first investment property in Detroit, MI. We will be using the BRRRR strategy, so buying the property for cash and then rehabbing. Before we close on the deal we want to understand the best way to go about this, as we plan to refinance after the rehab.
How will purchasing the property through the LLC impact refinancing?