Hard Money Loan (refinanced)

[Michelle Costello]

Hello,

I just purchased a property through a hard money lender who loaned the $$ to my LLC. My plan was to refinance into a conventional mortgage to pay my lender back. I went to refinance and the bank won't loan to LLC's on a residential property--it has to be in my name. I was also told that if I were to quick claim my LLC off and put it into my personal name that I would have to wait an addtional 6-12 months to refinance. Has anyone ran into this problem when working with a hard money lender/BRRRR'ing? What are some good options to work around this.

Any advice would be greatly appreciated!

Michelle