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Updated almost 4 years ago,
Cash out refinance in an LLC
Hi BP Community,
My partners and I are looking to pull out equity of our investment property to move on to our next purchase. Shortly after we purchased two and a half years ago we did a quit claim from the mortgage in one of the 3 partner's name to our LLC. If we do a refi can we do it under the LLC's name or does the deed need to be switched back to that partner's name as his wife is suggesting? As stated, we closed on the property in August of 2018.
Thank you in advance!