HELOC or Portfolio Refi in LLC

[Eric Black]

Hi all. We have several properties in the Indianapolis area in a series LLC. Some have loans, some are free and clear. Are there any lenders who will either do a HELOC on a single property, or a portfolio HELOC or cash out refi, with them in the LLC?

Thanks!

[Nick Giulioni]

Certainly, I've dabbled in portfolio loans in my time, and let me tell you, they're as smooth as butter... until you hit that roadblock of needing to sell a house. That's when you realize you're in a sticky situation due to cross-collateralization. As for HELOCs, I'm not entirely sure who's playing that game at the moment. However, if you find yourself in the hunt for a portfolio lender, don't hesitate to reach out. I've got the connections to put you on the right track. Trust me, I'm your guy!