@Rush Wall are you trying to cash out within the first six months of owning (delayed financing)? What is the price point and loan amount your trying to get out?
@Jeff Dulla yes, within the first 6 months if not first 3 months. All are less than 150k and we are looking 75% LTV or less.
@Rush Wall Under conventional terms, you can only get that cash out within the first six months up to the amount you paid for the property originally or 75% loan to value (on SFH)/70% loan to value (on MFH), whichever is lower.
For example, the property is worth $150k but you paid $90k for it in cash - the most you can take out within the first six months is $90k (60% LTV). Is that what you are looking for or are you in search of a private lender that is going to make an exception and let you get full cash out (in which I do not know of any that will let you do so).
@Rush Wall As long as you have owned it for 3 months, 100% loan to cost (no more than 75% LTV) is available. These are commercial cash flow based loans, not Fannie Mae. Rates are a little higher than Fannie, you are not limited to a maximum of 10 loans like Fannie, and your personal debt to income does not come into play. Neither does the income on your tax return.