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Updated about 2 years ago,
Trying to take my investing to the next level
Hello everyone. I looking for information on refinancing some of my paid off rental properties in order to get cash to invest. I have experience doing rehabs and new constructions. For the last few years I haven’t been active but now I’m ready to do real estate full time. What I’m looking to do is place maybe 10 SFRs in a llc and do a cash out. Then I’ll be looking to partner with people on projects. I need help doing the initial refi on my properties. Everything I have is currently rented and the cash flow is great. My problem is my personal credit. But I have people with good credit (mom, sister,brother) who are will to join the llc and be my signer on the loan. My properties currently are in 4 different LLCs all of which are around 5 years old. Can someone please advise me and help me get started.