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Updated over 8 years ago on . Most recent reply

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64
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45
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Josh Garner
  • Lender
  • Bend, OR
45
Votes |
64
Posts

Chattanooga Cash Out Refi

Josh Garner
  • Lender
  • Bend, OR
Posted
Anyone know of a lender who will do 80% or more LTV cash-out refi on a Chattanooga BRRR property? I close on the home in 3 weeks and am hoping renovations will be completed 1 month later. I'll be looking to cash out refi as soon as possible, after it's rented. Thanks!

Most Popular Reply

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654
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615
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Tim Ryan
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
615
Votes |
654
Posts
Tim Ryan
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
Replied

I know lenders in Chattanooga. I have properties there and I am closing on a new one this week.

I'll ask around while there about 80%. I know 75% but not sure who can do 80 off hand.

What area is your property? Is it a SFR?

Anyway, maybe we should network. I've been in this market since 2009 and live in Los Angeles.

Tim

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