How to refinance a property under an LLC

[Sid Bobba]

Hi folks. We purchased our first property with cash under an LLC at a discount (~20%). We did not have to do any rehab as the property was in rent-able condition already. Now we want to refinance it and pull our money out for the next property. We have been talking to lenders and nobody seems ready to refi. I wonder whether it is due to the fact that the property in under LLC or time (wait 6 months)?

Any ideas/info to get refinancing is helpful.

Cheers,

Sudheer