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All Forum Posts by: Christopher Braga

Christopher Braga has started 1 posts and replied 1 times.

Post: Re-title to LLC and Refi timing

Christopher Braga
Posted
  • Posts 1
  • Votes 0

Hi All - 

Last year I purchased a Beach House in NC, we renovated it and are renting it out very successfully. Purchased for 410k; 40k down and 60k into reno's. Recent appraisal to remove my PMI valued us at 580k. Napkin math has a refi with 80% LTV able to pull out just shy of 100k. I'm pursuing this separately (looking into some of the biggerpocket lenders, recommendations welcome). But my real question is this, is there any "got-cha's" or strategy involved in the timing of the cashout refi AND moving the title from me to an LLC?

Thanks

Chris