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Updated over 1 year ago on . Most recent reply

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Ankit Lodha
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Local Mortgage Company Names - that will refinance under my LLC

Ankit Lodha
Posted

Hi All-

I am looking to refinance my investment home in Philadelphia (I know in this market with high-interest rates), can you share a local mortgage company that will do it under my LLC?

Few background details 

1. Purchased the house under our LLC as seller finance with a ballon period that is ending soon

2. House has 42% equity and the remaining mortgage is for 58% of the current price.

3. Looking to swap the original mortgage from seller and put a traditional lender/bank in place  

Open for DSCR, or similar types of products. Thanks in advance for point in the right direction.

Most Popular Reply

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Eliott Elias
  • Investor
  • Austin, TX
5,552
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Eliott Elias
  • Investor
  • Austin, TX
Replied

DSCR is going to be your best option.

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