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Updated about 1 year ago,
Commercial Lender Needed
Hey BP!
I have 3 SF properties in my portfolio. I am looking to do my first refi (woot woot)! I am running into brick wall after brick wall.
Here is my situation. I own 3 properties in Canton Ohio, I currently live In WA state. The 3 properties are owned my LLC. I will have 1 year of landlord experience this October, 2023. The houses are worth roughly $85,000, each.
For one reason or another, I have not been able to find a lender that will lend to me either because I am out of state, they are owned under an LLC or the value is not over $100,000 for each individual property. I do not want to go Fannie/Freddie because I want to keep these properties in my LLC and the debt away from my name.
So my question is, who out there can help me refi these properties so I can rinse and repeat? THANK YOU!