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.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
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 almost 10 years ago on . Most recent reply

Account Closed
  • Investor
  • Raleigh, NC
5
Votes |
55
Posts

Looking to refinance a rental property owned free and clear. Help

Account Closed
  • Investor
  • Raleigh, NC
Posted

I bought a home in January 2016 using cash. Put it in my Single-member LLC. Poured some money into it to fix it up to rent it out. Now, I want to pull money out of it via a refinancing over 30 years. Where can I do this? I tried a local bank and they won't let me unless I use it to fix up the property. I have already fixed it up so it doesn't need it. Please help. There has to be SOME PLACE I can go for a property owned free and clear. This is not my primary. It is an investment property. Also, I'm getting resistance to it being in a Single-Member LLC. Where can I go?

Loading replies...