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Updated 8 days ago on . Most recent reply

Matt Rivera's profile image
Matt Rivera's profile image
Matt Rivera
  • Contractor
  • Member since May 16, 2021
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Matt Rivera's profile image
Matt Rivera's profile image
Matt Rivera
  • Contractor
  • Member since May 16, 2021
Connect
Matt Rivera
  • Contractor
2
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4
Posts
Classifieds

Will Banks Refi a HML that's in my LLC's Name?

Matt Rivera
  • Contractor
Posted

Looking for advice. I'm about to obtain a hard money loan for a my 1st BRRRR. I've heard that banks don't like to loan on property's that are in a LLC with less than 2 years of financial history. Is this a rumor or should I not have a problem refinancing? Rehab will take 2-3 months and I'd like to refi after finding tenants.

Beaumont, Texas
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