Creative Financing From LLC

[Scott Pinney]

I have a potential partner that is going to be the lending partner. He has a total of 4 SFH and 2 commercial lots that are completely paid off, but under an LLC.

I'm looking for creative financing ideas on how to access the equity that the LLC has built up and use it to fund my own deals.

Hope that makes sense. Thanks in advance!!

[Nicole Heasley Beitenman]

I agree with both @David Garner and @Jeremy Taggart. There are multiple routes for tapping into that equity through both private, hard, and traditional lenders. You'll probably get the best terms from a traditional lender, and I do like HELOC's over cash-out refinances, but with an LLC involved, you may have less headaches going the private or HML route. The only way to know is to shop around and run numbers based on the scenarios the lenders give.