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Updated over 9 years ago on . Most recent reply

Leveraging properties in LLC
So we fully own few SFRs rentals under an LLC (no mortgages). And we want to buy few more cash properties. Can someone give me some info on the portfolio lenders? Specifically, what are the current typical rates, LTV, max term/balloon? Do portfolio loans need to be personally guaranteed? Will personal DTI matter or will they look more on LLCs cash flow? Is there seasoning?
Is it realistic to refinance with 80% LTV cashout with a 30yr fixed 4.5% term without personal guarantee?
I realize that the numbers will vary but just throw some numbers at me. The properties are in FL St. Petersburg