When you purchase a home in a LLC and then want to refinance?

[Rah-sheen Blalock]

hello all, my private lender says for me to receive funding i must purchase the property in an llc. I keep hearing refinance after 6-18 months to get the money out, i also hear you cannot get traditional funding in an llc. If you purchase in an llc, how do you refinance traditionally? Or, what other refinance options are there?

[Jill Haselman]

I am in the same boat, but I've already purchased in an LLC, funded my own renovations, and now I need to refinance and pull my cash out (4 unit MF). I found it easier to finance through the LLC because you can use commercial lenders.