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Private Lending & Conventional Mortgage Advice

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Jake Hottenrott
Pro Member
  • CPA
  • Belleville, IL
268
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255
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Cash Out Refi - LLC - Longer Terms

Jake Hottenrott
Pro Member
  • CPA
  • Belleville, IL
Posted Aug 23 2017, 19:19

Thank you in advance for any referrals.

Situation - Recently purchased a deal through my LLC with cash expecting to use the BRRRR strategy (not my first rodeo using this). While I have lending lined up with a 5 year balloon, 20 year amortization and I'm ok with that, does anyone know of any lenders specific to Illinois that have longer term fixed rates for a cash out refinance assuming the proper appraisal and LTV?

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