Updated almost 8 years ago on . Most recent reply
Commercial loan for LLC with no seasoning issues to cash out refi
I currently acquired 10 properties in 2017 by establishing title under my LLC using the BRRR business model with success. However, I have reached my lending max. with my local banker who was lending me 80 LTV on mult houses combined in the refi process. I reached out to another local bank and was told my entity was a risk because of 10 properties acquired then cash out refinanced in less than year. I am seeking guidance on how I can continue until 2018 with the same business model? Appreciate the input!
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Hi Chris, you're now in a position to leverage private-banking capital. With our capital, you can own up to 100 investment properties. It's all about the asset and cash-flow. We can offer 30-day title seasoning at 70% LTV and up to 75-80% LTV after 12 months. [email protected]