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Updated almost 12 years ago on . Most recent reply

User Stats

28
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6
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David T
  • Real Estate Investor
6
Votes |
28
Posts

refinancing in an llc?

David T
  • Real Estate Investor
Posted

i know this question has probably been beaten to death but i havent found exactly what im looking for. i purchased a property for cash 6 months ago and am looking to get my money back out of it for another property. i bought the property and deeded it to its own llc and from all banks i have inquired with they insist on it being in my personal name. i know some people switch it back to an llc after the mortgage but i was hoping to leave it in the llc to keep confidentiality in me owning the property. has anybody found anything like this possible? i have not found any smaller banks in New Jersey that are willing to do this.

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