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Updated over 3 years ago on . Most recent reply

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Nick Shapiro
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Should I remove my rental from my LLC to cash out refi?

Nick Shapiro
Posted

Hello everyone!! 
I have a rental property in an LLC. I've talked to some people that have taken their properties out of their LLC to refinance. Do you get a better rate if you do this? Do banks let you do this? Are you better off leaving your rental in your LLC through the process? I'm young and haven't done this yet so any guidance I could get I would really appreciate! Thank you in advance!
- Nick 

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