Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Dylan Fils
1
Votes |
1
Posts

Transferred My Rental To My LLC - How Do I go about getting an Heloc?

Dylan Fils
Posted

Hello guys,

I just transferred one of my property to my LLC. There were a few things I noticed, it was much harder to insure, my insurance went sky high. Plus, with everything that is going on right now a lot of banks are not doing Heloc on commercia property. Is there anyone that can provide me with some advice on how to handle this please?

Most Popular Reply

User Stats

19,185
Posts
16,784
Votes
Chris Seveney
  • Investor
  • Virginia
16,784
Votes |
19,185
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Dylan Fils

Why did you transfer to your LLC. Probably better off keeping it in your name

  • Chris Seveney
business profile image
7e investments
5.0 stars
2 Reviews

Loading replies...