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Updated over 1 year ago on . Most recent reply

Raj Kumar's profile image
Raj Kumar's profile image
Raj Kumar
  • Investor
  • from Queens Village, NY
  • Member since Aug 2, 2016
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Raj Kumar's profile image
Raj Kumar's profile image
Raj Kumar
  • Investor
  • from Queens Village, NY
  • Member since Aug 2, 2016
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Raj Kumar
  • Investor
  • Queens Village, NY
1
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5
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Innovative Strategies

Home Equity questions

Raj Kumar
  • Investor
  • Queens Village, NY
Posted

Hi, Can I take home equity from my rental property that under my LLC?

New York City, New York
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Mohammed Rahman's profile image
Mohammed Rahman's profile image
Mohammed Rahman
  • Real Estate Broker
  • from New York, NY
  • Member since Jan 19, 2020
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Mohammed Rahman's profile image
Mohammed Rahman's profile image
Mohammed Rahman
  • Real Estate Broker
  • from New York, NY
  • Member since Jan 19, 2020
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
831
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
Replied

Hi @Raj Kumar - If it's an investment rental property, you should be able to do it. Talk to the lender that issued the original loan under the LLC, I'm sure they'd jump at the chance to help you cash out again.

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