2min chapter

Real Estate Rookie cover image

248: Rookie Reply: Do You NEED an LLC for Rental Property?

Real Estate Rookie

CHAPTER

Is There Anything That Prohibits You From Buying More Real Estate?

I have a line of credit with e-trade and we use that to fund some of our real estate stuff. It's really how the bank mitigates their risk when they lend this money to you but like you said the interest rates are so incredibly low and that stuff it's almost like free money. The 401k piece yeah it sucks that you're pulling your money out and you're not gaining on that but it is also better than taking those penalties and like just pulling that cash in.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode