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Updated over 5 years ago on . Most recent reply

Cash out refi a rental property at 80% LTV or higher?
Usually, lenders will do a cash out refi at 75% LTV. I am looking for a lender that will go over that amount - hopefully someone that can do 80% or higher. Any suggestions? I have equity in my properties and would like to pull some cash to purchase additional. I also found a potential BURRRR property that I would like to make an offer. Thank you in advance for your suggestions.
Most Popular Reply

@Christian Ivanov I just closed this past Monday on an 80% LTV with PenFed Credit Union.