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Updated over 8 years ago on . Most recent reply

Ryan Moore's profile image
Ryan Moore's profile image
Ryan Moore
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Jun 1, 2015
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Ryan Moore's profile image
Ryan Moore's profile image
Ryan Moore
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Jun 1, 2015
Connect
Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
50
Votes |
224
Posts
Private Lending & Conventional Mortgage Advice

Home Equity on MF

Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
Posted

I'm curious about a strategy with getting a home equity loan on a MF property. The property was financed with a lender under a personal name, then transferred to a LLC after closing (I'm aware of the due on sale clause). Will there be a lot of headaches with trying to get a home equity loan when the property is owned by a LLC? ...the primary mortgage lender has it under the personal name and not a LLC?

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Ryan Moore's profile image
Ryan Moore's profile image
Ryan Moore
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Jun 1, 2015
Connect

User Stats

224
Posts
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Votes
Ryan Moore's profile image
Ryan Moore's profile image
Ryan Moore
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Jun 1, 2015
Connect
Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
50
Votes |
224
Posts
Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
Replied

@Account Closed oh, well then that answers that, thanks

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