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Updated over 5 years ago,
Refinancing properties using BRRRR
Hello everyone,
My business partner and I use the BRRRR method almost exclusively to purchase properties, and I am a huge believer in this strategy. We have a business in the form of an LLC, and we have several banks that refinance the properties into the LLC (without it showing up on our credit reports.)
However, each time we refinance a property, both of us have to attend the closings and sign guaranties for the loans.
Is there a way around this, or is this a common hurdle to overcome?
Thanks for your help.