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Cash Out Refi, HELOC, or Home Equity Loan ?

Posted Aug 8 2020, 14:54

BP,

Scenario - Properties are cash owned. Properties cash flow nicely. All Non-owner occupied multi-families, 2 - 4 units. All properties are part of an LLC. My business partner and I are 50/50 partners of the LLC.

How would you get the cash out of the property?  Where are you finding the best fixed terms - Local or Institution?  

Will it being part of an LLC change the financing products available?

Appreciate your thoughts BP team. 

Caleb  

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