The refinance itself, will be treated as a loan purely to be paid back by the LLC over time.It is best to speak to a CPA or Lawyer pertaining to this first and foremost to properly discuss the private details that should not be shared online. 

It puts a cap on how much protection purely domestic LLCs can offer.Now, I'm not here to bash LLCs.

First, it's important to understand that you cannot use an FHA loan for a pure rental property.

So, a million bucks.This is Real Estate forum so I'm guessing you are looking for RE options.If this million was for pure investment then I'd:Look in the smaller markets from Western PA through Ohio, Indiana, Iowa, etc. 

If it's just a pure flip than going a little extra on rehab may be more warranted for resale, but that depends on your market and what spread you are working with.- Remember to not make enemies with the neighborhood.

Hey @Joy Kurutz,Given we are accountants, we cannot promote our services on BP as its against the rules.

I would imagine the plumber made at least 10k pure profit (Kids u dont have to go to college to make big $!!)

Comparison is the thief of joy.

@Diane Bonheuris this something you'd live in, or a pure investment property? 

Im having trouble thinking about it from a pure business point.