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Updated over 8 years ago on . Most recent reply

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15
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9
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Ari Zartarian
  • Investor
  • Birmingham, MI
9
Votes |
15
Posts

Cash Out Refi SFR As An LLC

Ari Zartarian
  • Investor
  • Birmingham, MI
Posted

Does anyone have any experience working with a lender that does cash out refinancing on Single Family Rental properties that are owned by an LLC, and that do NOT require deeding from the LLC to the Member and then back again?

Every lender I talk to wants me to deed the property, from the LLC, to myself, then back again, in order to facilitate the loan and I want to simply keep the the property in the name of the LLC throughout the process but still sign personally on the loan... as I've done many times on commercial loans.

Thanks.

Most Popular Reply

User Stats

1,251
Posts
261
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Bob Green
  • Lender
  • Mokena, IL
261
Votes |
1,251
Posts
Bob Green
  • Lender
  • Mokena, IL
Replied

Ari,

Yes I can help.  You should check out your local credit union or community banks portfolio lending division first.  If they can not hep please reach out to me.

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