All Forum Posts by: Catherine Brennan

Hi BP Community - this is my first post and I'm excited to join-in on the fun!

I'm purchasing my 3rd property in 9 months and trying to figure-out best financing options.

We found a SFH investment property that in order to lock-it-down we agreed to a quick close and a cash purchase. Since we don't want to tie-up our money for very long, we thought we could turn-around and do a cash-out refi. Unfortunately, we've since learned that we have to wait six months before we can do that. So, our Lender suggested a delayed purchase - the only catch: we need to close the property in our name and not an LLC. This makes me nervous.

Any advice, ideas, thoughts, and/or options I'm not exploring?  Thank you in advance for your help!