Shopping for 80% LTV Cashout Refi On Investment Proprty!

Shopping for 80% LTV Cashout Refi On Investment Proprty!

Jean TorchonPro Member
Investor · Shelton, CT · Member since 2015 · 23 posts · 9 votes

Completed rehab in 2020 on fully Rented Investment property. 


Current Debt- 153k (HardMoney)

Any great Bank or Lender suggestions would be great during this Covid Time

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  • Kerry BairdPro Member
    Rental Property Investor · Melbourne, FL · Member since 2011 · 3k+ posts · 2k+ votes
    6y

    The 80% might be difficult to attain.  Call every small lender in your locality, to include community banks and credit unions.  Pull your own credit at MyFico or similar.  Call and ask, With a FICO of ZZZ what are your terms for my refinance?  Some may have the appetite for a loan such as yours.  Don't let them pull your credit until you find a lender who meets your criteria. 

  • Rental Property Investor · Member since 2019 · 69 posts · 38 votes
    6y

    Following.

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