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All Forum Posts by: Nick Frank

Nick Frank has started 5 posts and replied 12 times.

Buying & Selling Real Estate

Post: Question for Home Owners ... ?

Nick FrankPosted
  • Los Angeles, CA
  • Posts 12
  • Votes 0

Question to current Home Owners,

Has anyone put their home into an LLC or other kind of entity for asset protection or
tax benefits ??

I just bought a single family home and was wondering if i should put it in an LLC for asset protection or tax benefits.... ?

Thanks for any tips!

0 Votes
Land & New Construction

Post: Duplex for $350K Cash

Nick FrankPosted
  • Los Angeles, CA
  • Posts 12
  • Votes 0

I am a first time real estate buyer and am looking to get a duplex to start out with. It would be located in California, and i found a nice duplex for around $350K. I was thinking to just pay cash for it, to avoid any loan hassles. But my Question is, if i pay cash for it,
Can i apply for some kind of Home Equity Line of Credit, or even Finance it, after i pay cash ?

my credit is pretty good around 700 btw.

Thanks.

0 Votes