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Nicholas Abramo
  • Investor
  • Gardner, MA
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Bought a house in Ohio for Cash under an LLC

Nicholas Abramo
  • Investor
  • Gardner, MA
Posted Apr 3 2017, 20:09

I closed on my second rental property last month and it was an all cash purchase. It is a SFH, its worth around 50K, and its in Cleveland, Ohio. I purchased it under an LLC and I want to do a cash out refinance to purchase another property. Does anyone know of a local lender that will do a cash out refi for a property in this price range in an LLC? Is this possible?

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