Currently I have been renovating/resell(flipping) houses for 5+ years now in Atlanta,GA. I find alot of good deals but have to pass on them due to cash being tied up to other properties. I have never used hard money as stipulations such as high interest, points, fees eat up my profits.
Trying to find ways to extract money from projects that are in progress/or completed. Speaking with local back I am having difficulty since all homes are in LLC name and can’t get a standard home equity line/loan. I am looking at ways of obtaining financing that do not require extremely high interest rates(15%) and 5+ points. Any ideas would be helpful.