Updated over 4 years ago on . Most recent reply
Cash out refinance process
Okay so we purchased a property under LLC with a hard money lender and I'm just trying to get an idea and have a clear plan for when it's time to pay the hard money lender back we thought that we would owner occupy the property but it seems that there are not many lenders who do a cash out refi for owner occupied only investments such as rentals.
does anyone have experience with taking a property that was purchased under your LLC and transferring it into your personal name
also scenario home is purchased rehab is completed what will we have to do next to have it on or occupied and proceed with the cash out refi or if we get it rented out what are the next steps