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Updated over 5 years ago on . Most recent reply
How to finance through LLC?
We live in Michigan.
I took out a home equity line of credit on our primary residence.
We bought a 2 family flat
Rehabbed & moved in 1 of the units & rented our primary residence & rented the other unit.
Now I'm looking to cash out refi in my business name major moves investments LLC & rent from my business & pay off the heloc .
Any information or advice would be helpful.
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Lawrence Jenkins I would HIGHLY recommend to not focus on building business credit using your primary home. Stay with that personal rate. I think I could write a book here on this but for the sake of time - just trust me that you should be using a residential loan for your primary home. 100%.