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Updated over 9 years ago on . Most recent reply

Walter Ocampo's profile image
Walter Ocampo's profile image
Walter Ocampo
  • Investor
  • from New Orleans, Louisiana
  • Member since Nov 16, 2015

User Stats

9
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1
Votes
Walter Ocampo's profile image
Walter Ocampo's profile image
Walter Ocampo
  • Investor
  • from New Orleans, Louisiana
  • Member since Nov 16, 2015
Walter Ocampo
  • Investor
  • New Orleans, LA
1
Votes |
9
Posts
Commercial Real Estate Investing

Commercial Line of Credit Question!!!

Walter Ocampo
  • Investor
  • New Orleans, LA
Posted

I am approved for a commercial line of credit on my property. The bank got it approved in the LLC's name, as opposed to our personal names. Does this matter at all? Are there any pros and cons from having it in one name or the other? In the end, does it all affect us the same way? Thanks in advance for your input!!

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