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 over 4 years ago on . Most recent reply

User Stats

28
Posts
4
Votes
Andrew Menkes
  • Rental Property Investor
  • Goldsboro, NC
4
Votes |
28
Posts

Can my LLC pay for a loan in my personal name?

Andrew Menkes
  • Rental Property Investor
  • Goldsboro, NC
Posted

I purchased my 1st BRRRR over the Summer through a HML. The purchase was done using an LLC I set up. I have rehabbed and rented it out with the rent going to my LLC. I am refinancing the property into my personal name (the rates were so much lower for a conventional loan in my name). Am I allowed to pay the mortgage through my LLC which is collecting the rent?

Most Popular Reply

User Stats

28
Posts
4
Votes
Andrew Menkes
  • Rental Property Investor
  • Goldsboro, NC
4
Votes |
28
Posts
Andrew Menkes
  • Rental Property Investor
  • Goldsboro, NC
Replied

@Stephanie P.

Thank you! I was thinking this. I guess I wanted to hear it from someone else.

Loading replies...