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South Carolina Real Estate Q&A Discussion Forum
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Updated over 5 years ago, 06/23/2019

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24
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0
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Matt F.
  • Mt pleasant, SC
0
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24
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Charleston Area Cash Out Refi

Matt F.
  • Mt pleasant, SC
Posted

Hi all,

I have two properties in the Charleston area I want to refinance. Both are in LLC's. One I own and the other I owe about 45k. Both houses are worth ~$120k. I cannot find any lenders who will refinance a property in an LLC, it seems like my only options are to transfer title to my personal name and then wait 6 months. I don't mind transferring title, but I don't want to wait 6 months.

Does anyone have any ideas on how to solve this issue, or know of any banks that would lend on an LLC / or not require a 6 month seasoning?

thanks,

Matt

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