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Updated over 7 years ago on . Most recent reply

User Stats

43
Posts
4
Votes
Chris Davis
  • Investor
  • Springfield, OH
4
Votes |
43
Posts

Commercial loan for LLC with no seasoning issues to cash out refi

Chris Davis
  • Investor
  • Springfield, OH
Posted

I currently acquired 10 properties in 2017 by establishing title under my LLC using the BRRR business model with success. However, I have reached my lending max. with my local banker who was lending me 80 LTV on mult houses combined in the refi process. I reached out to another local bank and was told my entity was a risk because of 10 properties acquired then cash out refinanced in less than year. I am seeking guidance on how I can continue until 2018 with the same business model? Appreciate the input!

  • Chris Davis
  • Looking for

    Most Popular Reply

    User Stats

    1,569
    Posts
    184
    Votes
    Simmy Ahluwalia
    • Lender
    • Atlanta, GA
    184
    Votes |
    1,569
    Posts
    Simmy Ahluwalia
    • Lender
    • Atlanta, GA
    Replied

    Hi Chris, you're now in a position to leverage private-banking capital. With our capital, you can own up to 100 investment properties. It's all about the asset and cash-flow. We can offer 30-day title seasoning at 70% LTV and up to 75-80% LTV after 12 months. [email protected]

  • Simmy Ahluwalia
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