Cash out refinance on Rental property owned by LLC

[Jackson Hill]

I have few properties under LLC. I'm trying to figure out based route to cash out refinance. Does anyone know any lenders that works with BRRRR investors under LLC. Im just looking for some lenders with favorable rates for LLC.

[Riaz Gillani]

Private, DSCR Lenders (aka Non-QM) allow vesting in an entity for non-owner occupied properties. Must be leased + rented during appraisal inspection and / or closing. I'm sure you'll get a rush of those very lenders on this thread. So I'll just add that I've been seeing rates for a creditworthy borrower (700+) for a 30 Yr Fixed Rate, 75% LTV Cash-Out Refi at 6.500% to 7.500%.

Good luck!