Hard Money to Conv. Financing

General Real Estate Investing
1

If I set up my LLC and finance my first deal wth a HML that is all fine and dandy. But, if part of my exit strategy was to refi with a conventional lender and rent if needed, wouldn’t most conv lenders have a problem with the property being titled in my llc name?

2

Yes, it will be difficult for you to refinance into a conventional loan with the property deeded in the name of an LLC. This topic was discussed in the following thread.

http://www.reiclub.com/forums/index.php?board=26;action=display;threadid=22678

Hope this helps.

3

Thanks for the link. Don’t know how I missed that thread. Merry Christmas!