Updated about 10 years ago on . Most recent reply
Portfolio lending for SFR's in Jacksonville
Hi,
Wonder if anyone can help.
I live in NH investing in Jacksonville. I bought a few single family homes from my savings account, now that I wanna cashout refi them so I can move on with more purchases, I'm having difficulties getting them financed. I really don't care which name to callbit (Heloc, cashout, refinance, portfolio loans) I just want my cash out!
I looked high and low for banks, regional and community but being rejected for the following reasons
1. I don't live in Florida
2. I don't own them for 6-12 months
3. Some of the properties values under 50k
And so on....
My credit score is above 750 but hitting a wall.!.!.!
Please help a fellow newbie to move on to the next level. Anyone's help, advice or guidance will be greatly appreciated.
Isiee