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Private Lending & Conventional Mortgage Advice

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Nick Versetto
  • Investor
  • Frankfort, IL
55
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206
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LLC to Individual for conventional refi help?

Nick Versetto
  • Investor
  • Frankfort, IL
Posted Oct 6 2015, 15:19

does anyone know the guild lines for a property I purchase under my llc, rehab, rent, and try to refi conventionally?

I know you're able to quit claim into our personal name but how long does the property need to be held to refinance?

I found something that said if under 24 months it's a max ltv of 50%. Is this correct?  If you could copy the link from Fannie or Freddie I'd appreciate it.  

Btw this would be my 5th property. 

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