BRRR in an LLC-Financing options?

[Krystyna Fennelly]

We started savings accounts for our boys pretty early on and our 13 year old has a decent amount saved but it's making pennies.. I wanted to help/show him a better way of investing; Real Estate. Since he's a minor, we contacted my attorney and set up an LLC, 50/50 partners. I thought BRRR investing would be his best avenue so we started the LLC with only $5k each invested. Talked with a local bank about obtaining a LOC, approved, found house, purchased, renovations will be completed this week and now we are looking at finance options, 15-30 years in the LLC name. I believe the bank that provided our LOC will approve a mortgage loan for us but I want to look into all options. Would love recommendations. TIA!!