Hello everyone,I am interested in pulling equity out of my investment property through a HELOC but some of the lenders and banks I spoke to state that no one offers HELOC's on investment properties.

Great thing about this business is even if you don't have the money to invest in deals yourself, there's other investors and lenders out there with money who need a place to put their capital for a sizable return.

Many lenders have policies in place that restrict or prohibit transferring a mortgage to an LLC, especially if the property is not your primary residence.

Louis, so if you ever need certain recommendation to help you get started (lenders, agents, contractors) I'd be happy to help.

Find a good preferred lender or investment focused broker! 

If this is an investment property the max a lender will allow is 80% LTV on a cash out (if DSCR is over 1.00) and 75% CLTV on a DSCR second (if DSCR is over 1.00).

Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.

Junior lenders redeem last minute.. 

You can also speak with a lender to see what you need to do to qualify for a mortgage if buying a house down there is one of your goals. 

If you plan on using private money funding you'll need a licensed contractors bid to get the loan.