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Updated about 17 years ago on . Most recent reply

Stone Jin's profile image
Stone Jin's profile image
Stone Jin
  • Rental Property Investor
  • from Chandler AZ and Sylvania, OH
  • Member since Apr 19, 2009

User Stats

708
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561
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Stone Jin's profile image
Stone Jin's profile image
Stone Jin
  • Rental Property Investor
  • from Chandler AZ and Sylvania, OH
  • Member since Apr 19, 2009
Stone Jin
  • Rental Property Investor
  • Chandler AZ and Sylvania, OH
561
Votes |
708
Posts
General Real Estate Investing

What kind of leverage do I have?

Stone Jin
  • Rental Property Investor
  • Chandler AZ and Sylvania, OH
Posted

Hi all,

I have 2 investment properties that I own out right? Total equity would be around 130K. How can I leverage that to borrow money from the bank? I understand that banks don't do heloc on investments. Can I transfer the properties into an LLC and have the LLC take out a business loan?

Thanks in advance.

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