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Updated over 5 years ago on . Most recent reply
LLC BRRR Strategy ideas
I have heard it is hard to secure a conventional loan via my LLC. I am looking to invest in multiple properties and have $200k to invest. Ideally I would like to turn that into 5-10 $100k-$200k properties.
My question is it easier to buy one property with cash, rehab, rent and refi that property under the LLC or pay for a commercial loan to finance the property from the beginning?
Thank you in advance for the advice.
Most Popular Reply
@Andrew B Degnan
Conventional financing is going to give you the best rates compared to financing in an LLC.
You can get an umbrella policy for all your properties and it is a several hundred a year. It can save you a lot of money in interest covering yourself this route versus the LLC.
- Jerry Padilla
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- 585-204-6923
