Updated over 1 year ago on . Most recent reply
What are lenders you know of that do cash-out refinances on 100k rental properties?
Hey y’all. I own a rental property appraised slightly over 100k and is completely paid off. (Owned over a year)
What lenders you know of that do cash out refinancing for rental properties appraised at this value? I search on google but all I get are articles and lenders who require higher appraised properties.
thank you
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Erik Estrada
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You can finance this with a DSCR loan with a minimum value of $75k. The fees will be high though.
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