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Updated over 5 years ago,

Mel Hayes's profile image
Mel Hayes's profile image
Mel Hayes
  • Investor
  • from Los Angeles, CA
  • Member since Apr 15, 2016
Connect

User Stats

256
Posts
110
Votes
Mel Hayes's profile image
Mel Hayes's profile image
Mel Hayes
  • Investor
  • from Los Angeles, CA
  • Member since Apr 15, 2016
Connect
Mel Hayes
  • Investor
  • Los Angeles, CA
110
Votes |
256
Posts
Real Estate Deal Analysis & Advice

Refinancing a transferred property. NEED HELP

Mel Hayes
  • Investor
  • Los Angeles, CA
Posted

Hi BP. I have rental property that is owned in a LLC and I'm going to transfer it into my name so I can refi. The rental income goes into my LLC bank account. My question is when the bank looks at granting me the loan do I have need to show rental income in my name or can I show them the bank statements from my LLC?

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