Updated almost 7 years ago on . Most recent reply
Buying from your LLC
Hello BP,
Had a question if you use HML to buy a flip in your LLC, and decide to keep if for yourself later, can you buy from yoIr LLC with traditional bank loan?
I had a friend actually keep his flip for his primary residence as his wife fell in love with the property and they had a baby on the way-however he used his own money to flip so he didn’t have to pay back a HML.
Thank so much!