Investor · Lehigh Valley, PA. · Member since 2021 · 3 posts · 4 votes
Hi All,
Have you used, or do you know of any lenders that offer 80% LTV cash out refi's for your investment properties?
I have a SFH brrrr which will be complete and at the 6 month seasoning mark in April. All lenders and credit unions I've contacted so far will only go as high as 75% on cash out refi or 100% on heloc.
Rental Property Investor · Charlotte, NC · Member since 2018 · 1 post · 3 votes
4y
Hi there. I was introduced to Visio out of Austin, TX who specialize in investment rental lending and offer 80% LTV with competitive rates. I have not used them. I spoke to a rep about financing a deal last year and chose another avenue. I did have a positive conversation and would consider them in the future. This is the contact I spoke with. Good Luck!
Rental Property Investor · Charlotte, NC · Member since 2018 · 1 post · 3 votes
4y
Hi there. I was introduced to Visio out of Austin, TX who specialize in investment rental lending and offer 80% LTV with competitive rates. I have not used them. I spoke to a rep about financing a deal last year and chose another avenue. I did have a positive conversation and would consider them in the future. This is the contact I spoke with. Good Luck!
Lender · Los Angeles, CA · Member since 2022 · 967 posts · 445 votes
1y
Hi Michelle,
I've helped a couple of clients do 80% Cash out refinance on our program but most investors steer away from it just because the rates jump up usually over 1% compared to 75%. Happy to chat