BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
Property in LLC – Financing Suggestions
I recently purchased a renovation property using an LLC that was formed specifically for holding the property. It was purchased with all cash so there are no liens on the property. Because the property is held under an LLC, I can't qualify for a HELOC. Any suggestions out there for alternative forms of financing? The property needs all new plumbing and electrical.
Most Popular Reply
Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
Pro Member
#5 Mortgage Brokers & Lenders Contributor
- Washington, DC Mortgage Lender/Broker
- 2,759
- Votes |
- 4,876
- Posts
Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
Pro Member
#5 Mortgage Brokers & Lenders Contributor
- Washington, DC Mortgage Lender/Broker
@cian hamill
Go with hard money for the renovation money and then conventional financing once the property is stabilized
Stephanie