HELOC / Home Equity Loan / or refinance an LLC owned property?

[Jacob Riley]

Hey BP,

My business partner and I recently purchased our first duplex. We plan to use the BRRRR method going forward in the multifamily space. My partner received personal financing for the property and then successfully quit claimed it to the LCC that we are 50/50 owners of. Looking at our next steps, we know we want to start stacking and purchase a quadplex next. Is there a way for us to take advantage of the equity in our property even though the title is under the LLC? Has anyone successfully executed a HELOC or home equity loan for an LLC property? Furthermore, can we take advantage of that capital and use residential financing for our next property? I plan to personally finance our next property and repeat the quit claim method. If anyone has any questions I'd be more than happy to share our experience using the BRRRR method and quit claiming our first investment property. Thanks!