Updated about 3 hours ago on . Most recent reply
Scaling LTR portfolio
I have a long term rental that cash flows $900/month with about $200k in equity. The interest rate is at 3% on the home and doing a cash out refi would eliminate that low interest rate. The home is under and LLC that rolls up to a trust. Bank says I'm unable to do a HELOC on the property since it's under a business. Any suggestions on ways to access the equity and use to acquire another property without compromising the existing interest rate on the property?