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Updated almost 3 years ago, 02/28/2022

Brandon Motuk's profile image
Brandon Motuk's profile image
Brandon Motuk
  • Rental Property Investor
  • from Mechanicsburg, PA
  • Member since Jun 27, 2017
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User Stats

18
Posts
3
Votes
Brandon Motuk's profile image
Brandon Motuk's profile image
Brandon Motuk
  • Rental Property Investor
  • from Mechanicsburg, PA
  • Member since Jun 27, 2017
Connect
Brandon Motuk
  • Rental Property Investor
  • Mechanicsburg, PA
3
Votes |
18
Posts
Private Lending & Conventional Mortgage Advice

Refi from LLC to Personal

Brandon Motuk
  • Rental Property Investor
  • Mechanicsburg, PA
Posted

I currently own a property through my LLC that I am looking to refinance. I just had one lender tell me that if I wanted to "refinance" into my personal name (they don't lend to LLC's) then it would actually be a sale from my LLC to myself. Has anyone ever been told this?

I haven't dug into it yet but, could this be a way to avoid seasoning requirements? Essentially buying the property from my LLC.

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