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Updated almost 7 years ago on . Most recent reply

AL Brown's profile image
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AL Brown
  • Investor
  • from Lake Worth, Florida
  • Member since Dec 9, 2015
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AL Brown's profile image
AL Brown's profile image
AL Brown
  • Investor
  • from Lake Worth, Florida
  • Member since Dec 9, 2015
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AL Brown
  • Investor
  • Lake Worth, FL
7
Votes |
30
Posts
Real Estate Deal Analysis & Advice

Can I do a Cash Out Refinance on a property in my LLC name

AL Brown
  • Investor
  • Lake Worth, FL
Posted

Is it possible to do a cash out refinance on a Multi rental property in my LLC name? If so, will they allow me to keep in my LLC name? Have the property for a little over 2 years now. Please advise.

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Brian Garrett
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  • from Palm Beach County, FL
  • Member since Mar 24, 2017
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Brian Garrett's profile image
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Brian Garrett
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  • from Palm Beach County, FL
  • Member since Mar 24, 2017
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

Yes as along as you getting a commercial/portfolio loan.

If it's a conventional Fannie/Freddie loan it will need to be in your personal name.

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