HELOC - Private Res and LLC Question

[Danielle G.]

I live in a townhouse for which I paid cash. Then I formed an LLC for my REI’s. I’m thinking of a HELOC for short term deals/flips and was wondering the following... 1) Should I take out a HELOC on my townhouse or my one and only investment property? 2) Is there any benefit from to putting my townhouse in my LLC’s name? 3) What other Question should I be asking? Also...check out my intro in the introduction forum for all the background to these questions. Thanks!