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All Forum Posts by: Pascal Marcelin

Pascal Marcelin has started 1 posts and replied 1 times.

Real Estate Deal Analysis & Advice

Post: Can I live in my investment property

Pascal MarcelinPosted
  • Philadelphia, PA
  • Posts 1
  • Votes 0

I'm in the process of rehabbing a SFH in Pennsylvania with the intent to sell it for profit. I used a HML to fix and purchase the home. The home is owned by my LLC. (2 members). I'm currently renting an apartment and am having problems with my current landlord and would like out of my lease.

Can I refinance the rehabbed home, pay back the HML, and rent the investment property to myself? What would be the implications of that?

0 Votes