Houston Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

First Brrrr Deal - Now How Do I Buy This Place?
I have the money ready to go using a HELOC with a primary house and bank #1 but I also have my LLC for running the rental property business/deeding properties into it once I have them with another bank account I'll call bank #2. Can I purchase the property with the HELOC using bank #1 account or do I need to move the money into the my bank #2 account associated with the LLC first? Or does it matter? Again paralysis sets in.