Updated about 7 years ago on . Most recent reply
Refi after hard money
If I purchase a property through my LLC using hard money, will a bank allow me to refinance through the LLC? I know banks do not usually approve financing for LLCs but I'm wondering if it's any different for a refi. Thank you in advance.
Most Popular Reply
If you're refinancing with a conventional Fannie/Freddie loan they will want it to be in your personal name.
If you're refinancing with a commercial/portfolio loan then it won't be a problem keeping the property in your LLC.