Rental Property Investor · NorCal · Member since 2018 · 399 posts · 222 votes
Has anyone had any issues with lenders not warming up to doing a refi on an LLC owned investment property? Or do most lenders have no issues with this?
Rental Property Investor · Doylestown, PA · Member since 2008 · 1k+ posts · 1k+ votes
7y
@David de Luna - All of the lenders I work with are fine with lending to an LLC... but then again I only work with these lenders because they are investor friendly (No W2s or tax returns and can close quickly). The traditional banks made growing my portfolio next to impossible.
Investor · Columbus, GA · Member since 2014 · 2k+ posts · 1k+ votes
7y
@David de Luna No issue. Just tell them what you want to do and they should tell you exactly how to do it. I use a small, local community bank and their service is awesome. Anything I need, they just tell me what documents to sign. I doubt that the big national banks are very accommodating.
Rental Property Investor · Doylestown, PA · Member since 2008 · 1k+ posts · 1k+ votes
7y
@David de Luna - All of the lenders I work with are fine with lending to an LLC... but then again I only work with these lenders because they are investor friendly (No W2s or tax returns and can close quickly). The traditional banks made growing my portfolio next to impossible.