Updated over 4 years ago on . Most recent reply
Getting Loans and/or HELOC under an LLC
So wondering if I can get some feedback. Have a property with a lot of equity in an LLC. Wondering a few things:
1. Should we refi? our credit is strong and have W2. Our rate in this investment property is 6.75%. Don't really now what the rates for investment property are right now for personal or LLCs. If so, should we refi under our personal or leave in LLC. We don't want to pay a transfer tax again.
2. Can we get a HELOC under an LLC?
Pros/cons?