HELOC/Refi in South Carolina
8 Replies
Sedona Smith
from San Clemente, CA
posted about 1 year ago
Hi Guys,
Has anyone found a bank / credit union / portfolio lender that is willing to refinance or extend a HELOC on a non-owner occupied residential investment property that is held in an LLC?
Thanks in advance!
Marcello Di Gerlando
Investor from Colorado Springs, Colorado
replied about 1 year ago
Not sure if they operate in your AO. You could try 1st bank or ENT credit union.
Tookie Nemchak
Real Estate Agent from Seneca, South Carolina
replied about 1 year ago
@Sedona Smith where in South Carolina?
Ryan Shannon
Rental Property Investor from Savannah, GA
replied about 1 year ago
@Marcello Di Gerlando ...AO, I love it
Account Closed
replied about 1 year agofirst citizen, no doc, heard from a good friend recently
Sedona Smith
from San Clemente, CA
replied about 1 year ago
@Tookie Nemchak - It's in Columbia, SC.
Account Closed - Thanks for the suggestions! We tried TD for the HELOC and a local branch for the refi, unfortunately, we've run into complications with each option and my credit can't be hit anymore. Hopefully, we will find another way to fund this second property! I can smell the financial freedom ...
Will Gaston
Rental Property Investor from Columbia, SC
replied about 1 year ago
@Sedona Smith I'm not sure he can do a HELOC but he's a commercial lender at a Columbia credit union and will do a cash-out refi for an out of state investor in an LLC. Will send you a PM. I think he's worth a phone call.
Kerry Baird
Rental Property Investor from Melbourne, FL
replied about 1 year ago
US Bank
TD Bank...my local said yes to investment property, but no LLC