Updated over 10 years ago on . Most recent reply

Financing after multiple properties.
My spouse and I have been estranged for three years. She wants to get rid of the properties (4); however, the lenders I speak with say I can't refinance for cash out (to buy her out) or get financing to purchase outright because my name is on four or more properties. Anyone know a way around this?
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Lenders I have spoken with usually say you cant do a cash out once you have 5 or more properties. Do you have more than 4?
Another option would be a portfolio loan or business loan which would allow you to refinance multiple properties into one loan, usually at 70% of the value.