Re-finance a current loan out of state
Hi BP'ers, Looking for some advice or if this can be done. I have two rental properties that were purchase in Memphis, TN. I live in another state and would like to refinance out of a high % into a lower one. The properties were purchased with my Solo-K and are a part of that LLC. These are non-recourse loans also. Can I quitclaim them into my name for loan purposes and then back into the LLC after the loan is processed? Looking for other options if this one can't be done, as well as lenders in TN. Thanks for the help.
Dave