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Updated over 2 years ago on . Most recent reply

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Kyle C thomas
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How to refinance a 4 plex apartment

Kyle C thomas
Posted

Need help finding a lender that will refinance a 4 plex apartment building to pull out cash? Bought last year with seller financing and can’t find lender that will lend, my personal credit is not that good has been the reason? Thanks for the help 

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Jonathan Taylor
  • Lender
  • Los Angeles, CA
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Jonathan Taylor
  • Lender
  • Los Angeles, CA
Replied

@Kyle C thomas lenders are becoming more strict on FICO scores so that is plausible but as stated above, DSCR would be a solid option if your credit can meet the minimums.

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