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Updated about 8 years ago on . Most recent reply

User Stats

13
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13
Votes
Alonna Johnson
  • Investor
  • Royersford, PA
13
Votes |
13
Posts

Home Equity Line of Credit & Owning in an LLC

Alonna Johnson
  • Investor
  • Royersford, PA
Posted

Lots of people talk about taking a line of credit once rehabbed and rented. If the property is in an LLC, this is not a possibility, correct? Would it have to be refinanced? I hate the idea of paying points and so many fees again.

Thanks for any info you can provide to clarify!

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