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Updated over 4 years ago on . Most recent reply

Philip L.'s profile image
Philip L.'s profile image
Philip L.
  • Wholesaler
  • from Florida
  • Member since Mar 11, 2018
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Philip L.'s profile image
Philip L.'s profile image
Philip L.
  • Wholesaler
  • from Florida
  • Member since Mar 11, 2018
Connect
Philip L.
  • Wholesaler
  • Florida
52
Votes |
180
Posts
Private Lending & Conventional Mortgage Advice

Cash Out Refinancing with Local Banks and Credit Unions

Philip L.
  • Wholesaler
  • Florida
Posted

Wondering if this is possible or am I just wasting my time.

Is it possible to find a local bank or credit union that lends as a commercial loan to a LLC for single family homes?

If so is it possible to get rates 5% or below without crazy high fees?

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Marco G.'s profile image
Marco G.'s profile image
Marco G.
  • Investor
  • from Dallas, Texas
  • Member since May 18, 2015
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Marco G.'s profile image
Marco G.'s profile image
Marco G.
  • Investor
  • from Dallas, Texas
  • Member since May 18, 2015
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Marco G.
  • Investor
  • Dallas, TX
197
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446
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Marco G.
  • Investor
  • Dallas, TX
Replied

@Philip L.

Call a few dozen credit unions and ask. That’s the only way to find out.

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