Hard Money for Buy and Hold Rental Properties

[Karim Conway]

Hi BiggerPockets Community,

I am a new Investor and I just had a quick questions about using hard money to purchase a buy and hold rental property. I plan to Buy, Rehab, Refinance, Rent, and Repeat (BRRRR) by using hard money. Can anyone explain how to refinance on a hard money loan if the property was purchased through an LLC.

Property Details (Purchase price: 115k, Rehab 20k, ARV 180K)

Do banks refinance to LLCs?

Can anyone walk me through or give me steps on how I can go about refinancing?

What are some exit strategies if I am not able refinance? (I would still like to hold on to the property)