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Updated about 7 years ago on .

User Stats

5
Posts
1
Votes
Dereck Ho
  • Investor
  • Baltimore, MD
1
Votes |
5
Posts

Rental Portfolio Lender Recs?!

Dereck Ho
  • Investor
  • Baltimore, MD
Posted

Hey BP Community,

I was wondering if anyone here might have a recommendation for a national lender for a cash out/refinance for a rental portfolio. I have 5 brand new, full gut single family renovations I'd like to hold for rent. Not having 2 full years of tax returns and being self employed is keeping me from using local portfolio lenders. Been working with Lima One, but their rates seem very high considering low LTV and this being an asset-based portfolio loan for a 5/1 ARM. I have good income and 740+ credit.

Does anyone have a Lima One alternative they have used? Would love to hear any and all recs.