I may refinance it later and buy another if it goes along well.

I'm considering transferring a property from my LLC to my name in order to refinance.

I would want to pull out money invested in the rehab to be able to continue on other projects.Would it be best to refinance the entire project?

Books written on it, as well.Seems to me that the potential problem screaming to be noticed is that the original lender can invoke the Due on Sale clause and toss a huge wrench into the whole deal.The investor then has to either re-finance the original deal or (if for some reason he can't re-finance or sell) let it go to foreclosure, wreck the original seller's credit and toss the unsuspecting lease option buyer into the street.

I bet someone can guess what the project is called.

As prices of homes fall more people are upside down and cannot refinance which will lead to even more foreclosures.

For more information your best bet would be to ask a moderator thats what their here for.

Would it be a better option to refinance for $58k and take the lower mortgage, or refinance and cash out and deal with a higher mortgage, possibly reducing the positive cash flow?

If you operate correctly them things that happen to the LLC do not automatically spill over into your life.If you commingle funds, fail to operate as if you and the LLC are two different entities then all bets are off.Originally posted by "loki005":9.

Your best bet at this point is to try to contact thet owner and work out a short sale.