Cashout refinance on my two rentals in Florida
I currently own 8 rentals and I want to do cashout refi on the two of them in Florida. My lender told me that I can no longer do cashout refi via conventional loan if I own more than 4 rentals.
What are my options? Can I do cashout refi using a non-conventional loan / portfolio lender from a regional bank? What does the rate / term look like? Thanks.