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Updated over 2 years ago on . Most recent reply

Philip L.'s profile image
Philip L.'s profile image
Philip L.
  • Wholesaler
  • from Florida
  • Member since Mar 11, 2018
Connect

User Stats

180
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52
Votes
Philip L.'s profile image
Philip L.'s profile image
Philip L.
  • Wholesaler
  • from Florida
  • Member since Mar 11, 2018
Connect
Philip L.
  • Wholesaler
  • Florida
52
Votes |
180
Posts
Private Lending & Conventional Mortgage Advice

Cash Out Refi Options

Philip L.
  • Wholesaler
  • Florida
Posted

Got a property in Michigan with no debt, has tenant - I normally use DSCR loans but loan costs and interest rates seem excessive right now.

Spoke with all the local credit unions and banks none of them are willing to do a cash out under an LLC

Questions are 
1. What other options do I have?
2. Are most just taking personal loans then transferring over to LLC's?

All help and advice appreciated thanks

Warren, Michigan
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