Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply
Refinance my LLC properties? HELP!
I have several properties held in an LLC I'd like to cash-out refinance. I can't go conventional or I'll exceed my allotted 10 properties/name.
Is there a cash-out refi product built for SFH being held in an LLC? Having a hard time finding a lender! Any recommendations would be greatly appreciated :)
Thanks guys!
Most Popular Reply
Reid Chauvin
- Lender
- Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
- 336
- Votes |
- 583
- Posts
Hi @Evan Bambrick - There certainly are alternative products out there that allow you to keep the property in an LLC. The Debt Service Coverage Ratio (DSCR) product is one of the more prevalent options for investors. DSCR doesn't require you to show any personal income documentation and offers a max LTV of 75%. Happy to provide additional guidance!