2min chapter

Real Estate Rookie cover image

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

Real Estate Rookie

CHAPTER

How to Leverage a Line of Credit

The best way to leverage a line of credit is if you're doing some kind of burr. Most lines of credit aren't infinitely open right um so that at some point you have to pay them back and it could just get into your cash flows way. On average lenders like to see a 43 percent that's income or less, according to google. Do you apply in your home name or create an LLC on the last question?

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