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Douglas Reed
  • Investor
  • Willingboro, NJ
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2nd Investment Property

Douglas Reed
  • Investor
  • Willingboro, NJ
Posted

Hopefully, I can find help here. I have deed on my rental property worth about $70k. i set up a LLC with it but was trying to gain a line of credit with it to purchase another property to rent or flip. I just got a physical address for my LLC and registering for a D&B, I've heard should set up another LLC but where do I get the funds to do it if it's tied up in the first LLC, all answers welcome.