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Updated over 3 years ago,
Natalie Gelbke-MattisPoster
Property Manager
Pro Member
- Rental Property Investor
- Cleveland Ohio
- 4
- Votes |
- 18
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Refinance into my LLC from a family member's property
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.