I am looking for a lender where I can refinance 6 rental properties (2 condos and 4 2 family homes) in NJ. The purpose of the refi is to remove them from my personal name and move them into LLCs.
Have you spoken to any local banks or credit unions? I usually find my best financing options from local banks and credit unions....especially for small investment properties.
Banks are going to look for lots of liquidity to do a 5 property deal.
Very Smart move... especially from a liability standpoint.
Message me and I can refer you to a wonderful portfolio lender who offers non recourse portfolio loans at 4.75%.
@Robert Tucker I’d love to get that portfolio lender option.