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Updated about 4 years ago,

Andrew Menkes's profile image
Andrew Menkes's profile image
Andrew Menkes
  • Rental Property Investor
  • from Goldsboro, NC
  • Member since Sep 14, 2019
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User Stats

28
Posts
4
Votes
Andrew Menkes's profile image
Andrew Menkes's profile image
Andrew Menkes
  • Rental Property Investor
  • from Goldsboro, NC
  • Member since Sep 14, 2019
Connect
Andrew Menkes
  • Rental Property Investor
  • Goldsboro, NC
4
Votes |
28
Posts
Private Lending & Conventional Mortgage Advice

Can my LLC pay for a loan in my personal name?

Andrew Menkes
  • Rental Property Investor
  • Goldsboro, NC
Posted

I purchased my 1st BRRRR over the Summer through a HML. The purchase was done using an LLC I set up. I have rehabbed and rented it out with the rent going to my LLC. I am refinancing the property into my personal name (the rates were so much lower for a conventional loan in my name). Am I allowed to pay the mortgage through my LLC which is collecting the rent?

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