Pulling Equity out of Property

[Account Closed]

Just wondering what banks you all have used to pull equity out of your property.

We attempted to do this a couple times and they stated because the property was in an LLC that they would not be able to let us pull the equity out. I am sure that this can be done, just not sure who to reach out to.

Thanks!

Kristen

[Robin Simon]

Quote from @Chad Davis:

@Account Closed We are a DSCR lender and LLC is ok. Fixed rate and ARM options available.

Yes - you are probably going to want a cash-out refinance loan through a non-QM "DSCR" lender - plenty of great options here on BP - https://www.biggerpockets.com/...