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Updated almost 4 years ago,
LLC re-financing questions
I'm starting out and looking to do BRRR deals. I have a question about Refinancing using an LLC. IF I have a private hard money loan/line of credit for a property and I am on the refinance stage, will traditional banks refinance for an LLC owned property. note: in this scenario the LLC owns the property and is just trying to refinance to pay off the hard money lender and move on to the REPEAT step of BRRR. Located in Texas if that matters.
ps I have read that people use LLC issues as an excuse to keep from getting started. This is not that.