Is Anyone Still Lending on Portfolio/LLC Loans??

[Mike Teri]

Hi NY/NJ BP community, I hope you are all faring OK through these crazy times we're enduring.

My business partner and I are stuck -- we have finished the rehab portion of our BRRRR strategy on a duplex in North Jersey and are trying to refinance out of our high-interest hard money loan. It turns out that most brokers who typically will offer attractive refinance products (75-80% LTV) on an LLC-owned multi are currently frozen or are offering poor terms during the shutdown, which has no end in sight. Is anyone refinancing LLC-owned properties right now in the 75% LTV realm??

As always, thank you all in advance for your help!