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Updated 12 months ago,
my first brrr
Hi all,
I am purchasing a house for 230k and it needs about 15k in work. The ARV should be 330k.
I am buying in cash but loaning myself with an llc of mine for 245k.
I want to do a refi immediately to get back the 245k. Would that work?
Also should I get a heloc instead so that I wont be paying interest untill I find the next house? what are heloc rates for investment properies?