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Updated almost 10 years ago on . Most recent reply

User Stats

55
Posts
18
Votes
Chad Hurin
  • Investor
  • Cary, NC
18
Votes |
55
Posts

LLC has the down payment but need to finance personaly

Chad Hurin
  • Investor
  • Cary, NC
Posted

Hi BP,

In NC here. When I save up enough cash from my cash flow going into my business account, when it comes time to purchase another buy-and-hold rental I am assuming I can't finance with my LLC but with me personally. Can BP help me understand how to make a DP on a new property that I'm financing personally without mixing business and personal. Does this count? Other options? Ideas? All is welcome and appreciated!

Assuming conventional loan with a bank.

Thanks.

  • Chad Hurin
  • Loading replies...