how much bank refinance if my LLC lend to me?

[John Lee]

If I create and fund an LLC to lend 100% to me to buy real estate and light renovate and rent it out. If I come to the bank for refinance in less than 6 months will the bank appraise base on appraisal value or the cost to buy and renovate?

[Andrew Postell]

@John Lee lot's here so let me help some:

1. Creating an LLC and funding it - this is inconsequential to taking money out of an investment property.  I can't speak for every lender here but I have never spoken with a lender that would care about this.  It would neither help nor harm you receiving a refinance.
2. Refinancing with less than 6 months - now this is going to be dependent on your loan type.  Fannie Mae and Freddie Mac are the loan types that have a lot of rules to this sort of thing.  However, if you were receiving a portfolio/commercial type of loan then those lending rules will be decided by the bank itself....since it comes from their portfolio of funds.  So you should ask the lender that you are prequalified with what their rules are and what type of loan you will receiving.  If you aren't prequalified, then please do so.  It should be free to do so.
3. Fannie/Freddie - now if you are doing a Fannie/Freddie type of loan and you want to know all the rules and how to properly structure your purchase I wrote an entire post on this topic HERE

Hope these help but feel free to ask anything additional. Thanks!