Cash Out Financing w 3 Buildings in an LLC

[Tim Goz]

We have owned 3 rental properties with a total of 7 rental units in Buffalo NY for over 5 years

They have no mortgages and are held in a single LLC. We are looking to take cash out (70-80%) of these properties but because we do not live in the Buffalo area, the local banks will not write us a mortgage. The banks where we live (Downstate NY) will not lend on properties in Buffalo.

The financials on these properties is excellent.

Does anyone have any solutions to our problem?

Thanks

Tim