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Updated almost 9 years ago on . Most recent reply

User Stats

69
Posts
34
Votes
George Voutsinos
  • Investor
  • Philadelphia, PA
34
Votes |
69
Posts

Cash Out Refi with LLC (PHILA)

George Voutsinos
  • Investor
  • Philadelphia, PA
Posted

Hello, we've purchased a row home in cash (Philadelphia) almost a year ago in the name of our LLC. Tenant has been in place with a year lease. Could anyone recommend a bank and/or credit union that will cash out/refinance in a LLC? Preferably in Philadelphia.

Thanks,

George

Most Popular Reply

User Stats

89
Posts
125
Votes
Michael Enriquez
  • Rental Property Investor
  • Mount Vernon, NY
125
Votes |
89
Posts
Michael Enriquez
  • Rental Property Investor
  • Mount Vernon, NY
Replied

Hey @George Voutsinos, check out PFCU (Philadelphia Federal Credit Union). They'll lend to LLC's (commercial terms) and will do up to 80% LTV on both single and multifamily homes.

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