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All Forum Posts by: Duane Procter

Duane Procter has started 1 posts and replied 1 times.

We acquired three properties in 2017, used a combination of HELOC and cash to make the purchases and associated rehabs, and placed them into an LLC for limiting our liability. Now we are looking to do a cash-out refinance on the properties to pay off the HELOC and free up cash for additional properties. I've contacted several banks, but so far none are interested/willing/able to loan money to an LLC. Has anyone climbed over this hurdle already and could offer tips/suggestions on getting these loans done?