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Updated about 7 years ago, 12/26/2017

User Stats

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

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

Chris Davis
Pro Member
  • 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

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