Cash Out Refi's under Entities

[Curtis Crenshaw]

Hey guys, I currently have a buy and hold property in Hampton, VA that I used hard money to purchase and renovate. The property is under my LLC. The hard money lender is more than willing to do a cash out refinance on the home but I rather use a bank. It's been challenging to find a bank that will do it other than my hard money lender. Are their any banks that would do a cash out refinance on the home under my entity? Once again I'm located in Virginia.

[Keith C.]

HI what is the value of the property  and loan  ?

I am with FM Home Loans we allow Loans Under LLC's for investment properties. Much better rates than Hard Money , and allow for CASH OUT ReFis depending on Qualifications , LTV's , DSCR etc rates are less than HALF of Hard Money .. Please private message me for more info