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Updated over 4 years ago,

Taylor Hendricks's profile image
Taylor Hendricks's profile image
Taylor Hendricks
  • Rental Property Investor
  • from Allentown, PA
  • Member since Jul 30, 2017
  • Posts 6
  • Votes 2
  • Experience 6 Yrs
  • Investments 3
Connect

User Stats

6
Posts
2
Votes
Taylor Hendricks's profile image
Taylor Hendricks's profile image
Taylor Hendricks
  • Rental Property Investor
  • from Allentown, PA
  • Member since Jul 30, 2017
  • Posts 6
  • Votes 2
  • Experience 6 Yrs
  • Investments 3
Connect
Taylor Hendricks
  • Rental Property Investor
  • Allentown, PA
2
Votes |
6
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Cash Out Refinance to LLC?

Taylor Hendricks
  • Rental Property Investor
  • Allentown, PA
Posted

A year ago I purchased a duplex with an FHA loan under my name. I since have created a LLC that I would like to do a majority of my deals under moving forward. Would I be able to do a cash out refinance of the duplex and put the extra funds into the LLC? Would I be able to use a 1031 exchange with this, or not since its a different entity? Any help would be greatly appreciated!

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