Myself and 2 partners own an investment property in Colorado. We would like to a) transfer the deed to an LLC and b) refinance, preferably under the LLC’s name.Currently this is rented as three units to three tenants....
Can a real estate property be refinanced if it is held under an LLC?
Hello everyone,Hope all is being safe during this crisis but still collecting checks. I’m looking to refinance my first BRRR SFR project. When purchased under the HML, using my Llc gave me better rates upfront. Now th...
Are there any other fees that the lender will charge you to obtain the 2nd loan using the BRRRR stratgey?
Hello BPeople:Does anyone know a lender that could refinance a residential property that held inside an LLC?My current mortgage lender had no problem in lending to me personally to a property that is hold inside an LL...
My partner and I are in the processing of refinancing our 4plex and are wondering if there is benefit in just one of us being on the mortgage. We are going to continue to work together in the future and are wondering ...
Looking to start BRRRRing, but after speaking with several local lenders in Alabama about refinancing properties held in LLC, it appears that most only provide adjustable loans with 15-20 years terms. These terms in a...
Hello BP,I am new to investing in real estate. I am hoping to get some input on refinancing: strategies, pros and cons, worse case scenarios and any other tips.I'm aware of the BRRR method. I have 1 rental.I haven't...
Hello Fellow BP Members. Hope everyone is well & safe!
I'm trying to wrap my head around how one would refinance a hard money loan into a 30 year conventional mortgage loan.
It seems obtaining a conventional ...
Hi! I’m looking for some thoughts/advice about doing cash out refinancing in this current COVID-19 environment. Yes/No what do you think?