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Updated over 10 years ago,
Refinance out of a hard money loan asap.
Hello all. Just picked up my first investment property. Used a hard money lender and need to refi. I closed last tues. Hammered out some very long days and have a renter lined up. Next goal is to refi. Called around and found most institutions want 6 mo. Grace period before refi. Does anyone have any suggestions or leads on a solid place for refi. Property is also in my llc. I may need to quit deed into my name to refi without commercial lender. Best case scenerio would be a cash out refi or even be able to get a heloq on property to snowball into another. Thanks. Ray