Cash out refinance on rental unit
I'm having difficulty finding a lender who will do a cash refi for less than $150,000. The property is worth $140,000 so I'm looking for about $100,000 out. Is this the norm? If so what options do I have? Thanks.
I'm having difficulty finding a lender who will do a cash refi for less than $150,000. The property is worth $140,000 so I'm looking for about $100,000 out. Is this the norm? If so what options do I have? Thanks.