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Updated almost 4 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Evan Stamps
  • Investor
  • San Diego, CA
1
Votes |
6
Posts

First post! Question on financing/refinancing BRRRR

Evan Stamps
  • Investor
  • San Diego, CA
Posted

Hey BP! First post and appreciate any and all help - I'm looking for advice on the financing and refinancing logistics of buying a brrrr property with a hard money loan. I'm seeing that most HMLs only lend to business entities which would require me to buy the property under my LLC. I'm also seeing that there's challenges with most conventional lenders refinancing to a mortgage when the property is held in an LLC.

Any suggestions about how to tackle this situation smoothly or potential options to look into?

Thanks!

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