BRRRR Cash-Out Refinancing for a new LLC (with 3 partners)

[Mark Cermak]

Hi there! I'm currently looking to form an LLC / Partnership Agreement to get started on doing BRRRR's and funding them with cash up-front. Looking to fully vet this out before getting started and want this to be set up correctly from the start. I've spoken to a CPA/JD and understand how to best set things up from a tax/liability standpoint, but the last piece that's missing is this: HOW DOES A BRAND NEW LLC (with no tax returns/credit history) GET FINANCING FOR A RE-FI ON A BRRRR? The whole point of this is to be able to replicate it, and if you can't get a cash-out refi, it doesn't work. Who can provide this financing over and over again at 75-80% LTV for a new LLC to leverage funds?

[Mark Cermak]

Thanks @Daniel Dietz for the info!  Very helpful.  

Anyone know of solid private financers that would work with a new LLC? Looking to make some contacts here. I'm specifically looking in the Austin, TX market right now.