my first brrr

[Yocheved Beer]

Hi all,

I am purchasing a house for 230k and it needs about 15k in work. The ARV should be 330k.

I am buying in cash but loaning myself with an llc of mine for 245k. 

I want to do a refi immediately to get back the 245k. Would that work?

Also should I get a heloc instead so that I wont be paying interest untill I find the next house? what are heloc rates for investment properies? 

[River Sava]

Hi Yocheved - 

Looks like you need to speak to lenders to see if this is pheasible. 

Happy to connect and point you in the right direction.