Leveraging Property

[Account Closed]

Greetings, I am interested in leveraging my primary residence (via HELOC) which is held in an LLC. I would like to use these funds to secure an investment property, refinance that property in a little over a year and then use those funds to pay back the HELOC - then repeat again.

I have met with B of A, Wells Fargo, Charlotte Metro, and Blue Harbor. They will not offer HELOCs on properties held in an LLC. I have to deed the property back into my name first. There is no debt on this property and I am the manager of the LLC.

I would appreciate an explanation of how to leverage properties that are held in LLCs. What's the point of using leverage to secure real estate investments if the banks won't allow it? The point of an LLC is protection and I don't want to lower the shield. Note: The banks will allow a business loan secured by the property at a 15 year amortization and 5 year balloon payment. Any guidance would be appreciated!