Plan A: cash purchase for LLC

[Jem J.]

This time, we are planning to purchase cash on a property, to rent. Our other props were conventional financing under our own name. Reason for cash purchase is to get this investment under our LLC. Once purchased and rented, our next move is to get a HELOC to purchase another property. Anyone here who hurdled the same investing strategy? Any word of advise is greatly appreciated!

[Shawn Thom]

Have you found anyone to do a heloc in an llc name for a rental? In Texas it's hard to find. Why not get a loan from the beginning in the llc name?