Best way to cash out refinance or DSCR

[Mehdi Haider]

I have purchased a property on cash using my HELOC and I was wondering if there are options to do the following:

1. HELOC on an investment property with 75% LTV

2. DSCR Loan with 75% cash out refi

3. Conventional is not giving me upto 75% LTV due to the DTI

My properties are cash flowing really well and are appraised at a good value but still under $100K, except one which is $115K. I need to move fast as some of these properties come from an offmarket seller.

I need to increase my portfolio of SFH homes. Please get in touch if you are a lender and can help me achieve these goals.

[Erik Estrada]

Quote from @Mehdi Haider:

I have purchased a property on cash using my HELOC and I was wondering if there are options to do the following:

1. HELOC on an investment property with 75% LTV

2. DSCR Loan with 75% cash out refi

3. Conventional is not giving me upto 75% LTV due to the DTI

My properties are cash flowing really well and are appraised at a good value but still under $100K, except one which is $115K. I need to move fast as some of these properties come from an offmarket seller.

I need to increase my portfolio of SFH homes. Please get in touch if you are a lender and can help me achieve these goals.

 Hey Mehdi, 

How much do you owe on this property? Most DSCR lenders will require a minimum loan amount of $75k. You may go up to 75% LTV