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Updated over 6 years ago on . Most recent reply

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30
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AL Brown
  • Investor
  • Lake Worth, FL
7
Votes |
30
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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
  • 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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