General Real Estate Investing

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Brian Higa
  • Investor
  • Hemet, Ca
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LLC Refi????? Explain It to me as if I were a 5 year old

Brian Higa
  • Investor
  • Hemet, Ca
Posted Oct 16 2017, 23:53

Ive been trying to get unstuck and researched the BP Site

Family members purchased some investment RE with cash

We now want to put a loan on the properties but havent found any real long term (fixed rate 15 to 30 years) options being held in our LLC

Can the LLC give me a loan personally that I can then refi with a bank? Or how do I get the money out of our 100% cash purchased property?

Also, we have a total of 6 doors. Two Duplexes, Two SF homes. If all held in the LLC can this qualify for commercial financing?

Thanks for any help getting me unstuck

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