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Updated about 3 years ago,
Finding a bank that will loan to a LLC, 30 Year Fixed
My wife and I own 17 properties and we are wanting to refinance 11 of them but we are having a hard time finding a bank that will work with us. The problems we run into they won't loan to a LLC, Population density(because some are in a small town), Rent is not high enough. We are looking to do a 30 year 3-4% interest bundle, current payoff is $260,000, Estimated Value is $495,000. We would like to do a cash out refi. If anyone has any suggestions on a bank please let me know. I have already tried the banks suggested on BiggerPockets.com Thank you.