Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
8
Votes
John Powers
  • Boston, MA
8
Votes |
13
Posts

Buying a multifamily with cash from an LLC

John Powers
  • Boston, MA
Posted

Hi BP,

My partner and I started a service business as a way to generate cash for our first multifamily. We are hoping to house hack next September in the greater Boston area and are trying to figure out which financing route we should take. Properties would be anywhere between $550k-$700K for a 2 unit. Next summer we can roughly expect to have $50k cash in our LLC account, and $10K-$20K cash saved up in each of our personal savings.

Any thoughts on how we could put the LLC cash and our personal cash towards the property in the most taxed advantaged way possible?

Thanks,

John

Loading replies...