Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
General Landlording & Rental Properties
presented by
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
HELOC vs. Mtg
We are purchasing a property in NJ, all cash, and would like to move on to the next purchase very quickly by cashing out the equity on this one. The property will be under our LLC. Would it be better to take out a HELOC (maybe pay interest only) or take out a 30 yr mortgage? Are both options available for an LLC? Any thoughts would be appreciated.