BRRR method - lenders that will cash-out refinance SFH at 80% LTV

[Jordan Stewart]

Hi all!

I just bought my first BRRR property under my LLC in Elizabethtown, PA. I'm having some difficulty finding a lender that will refinance my hard money loan where I can cash-out refinance at 80% LTV. I have found some local lenders at 70% LTV but no one that will do 80% LTV under my LLC. I was told that I can't do 80% LTV because I used my LLC. Is that accurate?

Any advice would be greatly appreciated. Thank you!