Skip to content
Buying & Selling Real Estate

User Stats

81
Posts
22
Votes
Navid A.
  • Rental Property Investor
  • Fayetteville, NC
22
Votes |
81
Posts

Cash flow bottleneck

Navid A.
  • Rental Property Investor
  • Fayetteville, NC
Posted May 27 2020, 14:09

Here is the situation:

I have cash tied up in 4 properties, 2 of which are stabilized with paying tenants and 2 are undergoing rehab (will be complete within a month). My lenders have suspended operations and I've called dozens more, both on the conventional and commercial side. On the conventional side, they won't fund me because the properties are under a LLC and would require I quid claim deed it to my personal name and wait 6 months...no thanks. On the commercial side, can't get anything near a long term financing situation. What are you guys doing out there to pull your capital out?

Loading replies...