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Updated over 7 years ago,

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Michael Bohne
  • Boston, MA
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Refinancing a home that's in an LLC Question

Michael Bohne
  • Boston, MA
Posted

A partner and I are going to purchase our first investment property together using cash. We are going to put about $20K in rehab costs and then we are going to refinance the house to get our money out. As the two of us are equal partners, we are setting up an LLC to put the property under. Will we have any trouble refinancing the house if the LLC is on the title as opposed to one of the two of us?

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