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Updated over 5 years ago on 05/09/2020. Most recent reply

4
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Trevor CarterPoster

Private Lending & Conventional Mortgage Advice

Refinance on property in LLC

Trevor CarterPoster

Posted March 10, 2020 17:30

Hi All! I am looking to refinance a rental property I have in an LLC. My banker said many of her clients quitclaim out of the LLC into personal names, then refinance with conventional loan, and then quitclaim back into the LLC. Anyone see problems here? I would stand to save 200/month on the refi, so it is appealing. Thoughts?

Thanks from Bozeman MT!

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Refinance on property in LLC

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