Getting a loan under my LLC

[Roberto Vasquez]

I've bought a property, got the money from a hard money lender, after fixing it up I've decided to keep it as a rental property. I am looking for a lender to refinance the property to pay off the hard money lender and also to get money out to keep investing. This is the best I've got so far, rate of 5.25% for 30 years, origination fee of 2%, service fee $999, pro rated interest $566, third party costs TBD, 75% loan to value. pre payment penalty if I sell it before 3 years...Is this normal for refinancing under an LLC? Does it sound good? Thanks.

[Timothy Hero]

My lenders are doing circles around those terms. Especially 2 pt origination. I just saw 2 pt origination, 75% LTV cash-out for 4.5%.