Cash Out Refi a Conventional Loan with Original Title held in LLC

[Johnny Gonzalez]

What's up, everyone?

I just closed on a single family investment property two weeks ago. Closing was in the name of an LLC. The loan is conventional Freddie/Fannie. I would like to do a cash out refi in several years (there is a 3 year-prepayment penalty, so I would wait until after such period).

There is much talk amongst investors about having to transfer title out of an LLC into the individual's name in order to refi, and then transfer title back into the LLC after refi closing. I would prefer to avoid this.

Does anyone know if a portfolio lender would be willing to cash out refi my conventional Freddie/Fannie loan while maintaining the property in my LLC, and if Freddie/Fannie regulations would prevent me from doing so?

My thought is, I understand the need to transfer title for the cash out refi if I am going from a conventional loan to another conventional loan. But do the same rules apply if the refi is from conventional to portfolio/unconventional loan?

Thanks in advance.