Can you roll a HELOC into an LLC?
Hi All!
My wife and I have a condo, we are thinking about leveraging our full HELOC for an investment, however we don't have kids yet and may need to buy a house soon. Can I buy an investment via HELOC then create an LLC and refi? I don't want to forfeit buying a home because finances are tied up in the investment. Or, would It be better to buy the house fist, then use the equity for the investment?
Thanks!