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Updated over 8 years ago on . Most recent reply

Mel K.'s profile image
Mel K.'s profile image
Mel K.
  • Investor
  • from Bradenton, Florida
  • Member since Jul 18, 2012
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25
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6
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Mel K.'s profile image
Mel K.'s profile image
Mel K.
  • Investor
  • from Bradenton, Florida
  • Member since Jul 18, 2012
Connect
Mel K.
  • Investor
  • Bradenton, FL
6
Votes |
25
Posts
Mortgage Brokers & Lenders

Refinancing a property held in trust

Mel K.
  • Investor
  • Bradenton, FL
Posted

Hello,

I was hoping to get a recommendation on how to proceed with refinancing a property that is in a Land Trust. The trustee and beneficiary are two different LLC's owned by two different people. Are there lenders that lend to the LLC or would we need to have an individual be a personal guarantor?

Is there anyone in the lending business that can be recommended for this situation?

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