Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

5
Posts
0
Votes
George Willey
0
Votes |
5
Posts

Equity Options for Property in an LLC

George Willey
Posted

Looking for some help from the brain trust.

What are my loan or financing options if I want to pull some money out of my rental property that have titled to my LLC? Bonus points if you can suggest lenders in AZ...

I have done a lot of googling and called a couple of local credit unions and have been hitting a snag when I inform them the property is owned by my LLC (both HELOC and Refi).

Am I really down to hard money loans or business loans from the LLC itself?

Most Popular Reply

User Stats

4,286
Posts
1,352
Votes
Erik Estrada
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
1,352
Votes |
4,286
Posts
Erik Estrada
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
Replied

You can do a 1st or 2nd Mortgage DSCR loan and be able to close in an entity. Rates on a DSCR 1st are pretty low compared to a conventional loan

business profile image
LuxePrivate Investments LLC
5.0 stars
46 Reviews

Loading replies...