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!
Not sure if they operate in your AO. You could try 1st bank or ENT credit union.
@Sedona Smith where in South Carolina?
@Marcello Di Gerlando ...AO, I love it
first citizen, no doc, heard from a good friend recently
@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 ...
@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.
TD Bank...my local said yes to investment property, but no LLC