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Updated over 3 years ago on . Most recent reply

User Stats

25
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9
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Natalie Gelbke-Mattis
  • Rental Property Investor
  • Cleveland Ohio
9
Votes |
25
Posts

Refinance into my LLC from a family member's property

Natalie Gelbke-Mattis
  • Rental Property Investor
  • Cleveland Ohio
Posted

Hello - I have been managing my mom's rental for almost 10 years and want to transfer to my LLC. There is a lien on the property and my mother is the Mortgagor. Can I refinance with cash out into my LLC? Not sure what kind of road blocks i might hit. I am working with Tidal Loans on an attractive long term fully amortizing rental loan so I don't want anything to go south.

  • Natalie Gelbke-Mattis
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