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Updated almost 5 years ago on . Most recent reply

Dee Jay's profile image
Dee Jay's profile image
Dee Jay
  • Member since Oct 30, 2017

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6
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Dee Jay's profile image
Dee Jay's profile image
Dee Jay
  • Member since Oct 30, 2017
Dee Jay
2
Votes |
6
Posts
Buying & Selling Real Estate

Best route to borrow for a new rental additional property in LLC

Dee Jay
Posted

I am looking to borrow 250k to buy a 300k rental property which would be in a new LLC.


I currently own 1 rental property (250k) in an LLC and current home with no mortgages.

what would be the most recommended borrowing route for this situation? Would it be a equity loan of current owned rental, home equity loan, or a new LLC business loan?


thanks in advance

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