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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Tim Schmitz
  • Rental Property Investor
  • Charleston, SC
12
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43
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Very basic BRRRR question that I'm having trouble finding advice on

Tim Schmitz
  • Rental Property Investor
  • Charleston, SC
Posted

I have a 4-plex that is mortgaged in my name, but right after getting the mortgage I quick-claimed the property into my company for better liability protection. So, seems like if I want to refi, I would need to move the property back into my name, since banks don't do mortgages for companies. This seems like a good way to have trouble with mortgage companies. Are most of y'all just keeping properties in your name when you want to do a BRRRR?

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Matthew Crivelli
  • Lender
  • MA
1,015
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Matthew Crivelli
  • Lender
  • MA
Replied

You can use a DSCR loan product. Many options to cash out and keep the property in your LLC.

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Freedom Capital Funding, LLC
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