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Updated over 3 years ago on . Most recent reply

Ben Seitz's profile image
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Ben Seitz
  • from Washington, PA
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Ben Seitz
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Ben Seitz
  • Washington, PA
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General Landlording & Rental Properties

Last step of BRRRR / equity check

Ben Seitz
  • Washington, PA
Posted

I took a heloc out of personal residence to fund my first duplex renovation. I changed the deed over to my Llc upon refinancing out. The equity check is made out to my name/and Llc. Is it okay to pay back my personal residence heloc with a check written out to my llc

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Andrew Syrios
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Andrew Syrios's profile image
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Andrew Syrios
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  • from Kansas City, MO
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Andrew Syrios
  • Residential Real Estate Investor
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I'm not an accountant or attorney but I can't see why that would be a problem at all.
  • Andrew Syrios
  • Podcast Guest on Show #121
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