Updated almost 8 years ago on . Most recent reply
Leveraging properties in an LLC
I started BRRRRing in my town of Okeechobee, FL a couple of years ago. I started with an auctioned home at my local courthouse auctions. I was able to use a combination of heloc and private loan to buy and rehab this property. I waited 6 months to refinance and did it again and then again. After the first 3 I was able to buy 3 more properties without having to refi out. I recently put the non leveraged properties into an LLC and now I can’t seem to get anyone to refi me out. I now know I should have done my homework before putting them into an LLC. I’m look for some creative ways to leverage long term against them so I can continue what I start a couple of years ago. Anyone have any ideas?