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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago on . Most recent reply

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Britt Smith
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Refinance when property is titled in LLC

Britt Smith
Posted

I'm looking to do my first BRRRR but wanted to title the home in my LLC. When I go to refinance, will a bank allow me to refinance while the home is titled in my LLC?

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Matthew Crivelli
  • Lender
  • Massachusetts
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Matthew Crivelli
  • Lender
  • Massachusetts
Replied

You can use a DSCR loan to refinance. This is a commercial 30Y note for investment properties. This would allow you to keep the property titled in your LLC. These loans are a little different than what you get at a bank, they are more expensive but the process is easier and your LLC or CORP is the actual borrower. Might be something to look into. @Britt Smith

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