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Updated 27 days ago on . Most recent reply

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Travis Brown
  • Investor
2
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1
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Accessing Equity in Duplex

Travis Brown
  • Investor
Posted

I have a duplex investment property with about $424,000 on the mortgage. My rents are $4,080 per month, typical expenses reflected on tax returns. Id like to access about $175,000 in equity, which likely puts me over the 70% LTV. What's the best way to access that equity?

Most Popular Reply

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85
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73
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Brian Cauldwell
  • Lender
  • Springfield, MO
73
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85
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Brian Cauldwell
  • Lender
  • Springfield, MO
Replied

A DSCR loan can go up to 75% LTV on a cash-out refinance.

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