Refinance Virginia property in LLC

[Brian C.]

I am currently rehabbing a property in Colonial Beach, VA and will be looking to refinance (BRRRR) when I can after the 6 months. I would like to keep it in my LLC and refinance in a 30 year term. My expected numbers are:

ARV: 160-170K

Refinance amount: 110K

I have not done a refinance through my LLC, bit would like to as long as the rates/terms aren't too far off if I were to secure it in my name. Thanks!

[Stephanie P.]

@Brian C.

97% of the loans we closed last year were cash out refinances after renovations in LLC's. It's what we do.

Give the office a call.  We're local to you with a national footprint.  30 year fixed rates in the 6's, no balloons.

Stephanie