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All Forum Posts by: Sean Lee

Sean Lee has started 2 posts and replied 3 times.

Private Lending & Conventional Mortgage Advice

Post: REFI on investment property in CA

Sean LeePosted
  • Posts 3
  • Votes 1

We are looking to refinance or HELOC our investment property in Southern California. Does anyone have any recommendation to help us with this during the COVID times? We've been told by a big bank that HELOCs are not being done on investment properties at this time.

Thanks.

0 Votes
Starting Out

Post: Can a CA rental property be under an out of state LLC?

Sean LeePosted
  • Posts 3
  • Votes 1

Thank you, @Katie L.!  Appreciate the great advice!

1 Vote
Starting Out

Post: Can a CA rental property be under an out of state LLC?

Sean LeePosted
  • Posts 3
  • Votes 1

Just starting out in real estate investing. If I plan to have a rental property in CA and plan to have it under an LLC, does the LLC have to be based in CA or can it be formed in my home state (out of CA)? Can an LLC formed in one state have a rental property in another state?

0 Votes