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Updated over 5 years ago on . Most recent reply

Chuck Dangar's profile image
Chuck Dangar's profile image
Chuck Dangar
  • Rental Property Investor
  • from Decatur, GA
  • Member since Aug 26, 2017
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41
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18
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Chuck Dangar's profile image
Chuck Dangar's profile image
Chuck Dangar
  • Rental Property Investor
  • from Decatur, GA
  • Member since Aug 26, 2017
Connect
Chuck Dangar
  • Rental Property Investor
  • Decatur, GA
18
Votes |
41
Posts
Houston Real Estate Forum

First Brrrr Deal - Now How Do I Buy This Place?

Chuck Dangar
  • Rental Property Investor
  • Decatur, GA
Posted

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.

Houston, Texas
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