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Tax, SDIRAs & Cost Segregation
Account Closed
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Refinancing from personal loan into business portfolio loan

Account Closed
Posted Jan 24 2021, 12:44

If you have a property (<4 units) that is under a personal conventional loan, but was quick deeded to a LLC (with two owners) at closing, what options are available when refinancing?

Can you refinance the loan from the personal conventional loan into a portfolio loan held under the LLC? Would the title need to go into the personal name before the refinance or how does that work?

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