BRRR, Cash out refi for property in LLC

[Chris Sellers]

Looking for advice doing a cash out refi on a property owned free and clear, titled in an LLC. Banks I've talked to suggest that I re-title the property in my name, do the refi, then transfer back. I'd rather not do that due to the hassle factor.

Property purchased with cash, rehab with cash, rented out now. Looking to get 75-80% of ARV (~$110k ARV). I have good income, excellent credit (~800) and 25 free and clear properties (credit shouldn't be a problem). This LLC is new, only 2 months of revenue records.

Thanks for your advice,

Chris Sellers

Stanfield, NC