finance out 80% equity in LLC owned property - Posted by Dereck C

Posted by Dereck C on August 13, 2004 at 19:57:59:

Nothing owed. Worth about 165,000.

finance out 80% equity in LLC owned property - Posted by Dereck C

Posted by Dereck C on August 13, 2004 at 11:20:38:

I have a single family home that I purchased with an LLC. Didn’t take a note and paid for all of the remodling with the LLC. I’d like to finance out 80% of the equity out to the LLC (limit my exposure to personal assets). Where should I look to get something like a 15 year note on it. I want to keep the property as an investment and rent it out. I live in San Antonio Texas.

Re: finance out 80% equity in LLC owned property - Posted by Jesse

Posted by Jesse on August 13, 2004 at 15:52:27:

What is the value of the property and how much is owed on it?

Jesse