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All Forum Posts by: Lisa Chubb

Lisa Chubb has started 1 posts and replied 3 times.

Short-Term & Vacation Rental Discussions

Post: Pulling Equity From STR

Lisa ChubbPosted
  • Posts 3
  • Votes 1

Great!  Do you know where to start or whom to contact for this type of loan?

0 Votes
Short-Term & Vacation Rental Discussions

Post: Pulling Equity From STR

Lisa ChubbPosted
  • Posts 3
  • Votes 1

We have the property in an LLC, would this still be possible? We literally just got through the 6 month hurdle to get it into the LLC; now we are told it has to be a second home mortgage and back in my name to pull equity.

Current loan is 237K owed; 450K+ apraisal value

0 Votes
Short-Term & Vacation Rental Discussions

Post: Pulling Equity From STR

Lisa ChubbPosted
  • Posts 3
  • Votes 1

Good afternoon, 

What are the current options to pull equity out of a short term rental property in an LLC?

TIA for your recommendations.

1 Vote