Looking for Cash-out Refi on a 2 family

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Looking for Cash-out Refi on a 2 family

Chris RochePro Member
Rental Property Investor · North Weymouth, MA · Member since 2015 · 146 posts · 44 votes

I am looking for a cash out refi on a 2 family.  What is everyone currently seeing for terms?  Any recommendations?

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  • Matt Miller
    Lender · Charlotte, NC · Member since 2023 · 16 posts · 8 votes
    3y

    Hey @Chris Roche! 

    What LTV are you looking for and what is the seasoning on the properties? I may be able to help!

    0Reply
  • Devin PetersonBusiness Member
    Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 667 votes
    3y
    Quote from @Chris Roche:

    I am looking for a cash out refi on a 2 family.  What is everyone currently seeing for terms?  Any recommendations?


    Terms are generally customizable. Hard to get an idea until your size out the deal with DSCR products. Happy to help assist you with the right lender and product. Send me a PM

    [email protected]860-538-3672
    ProAlpha Capital56 Reviews
    WebsiteView Page
    0Reply
  • Richard Loniewski
    Real Estate Agent · NJ · Member since 2021 · 569 posts · 127 votes
    3y

    3 month seasoning, 75% LTV rates from 7 to 7.5% depending on credit and experience

    0Reply
  • Henry Lazerow
    Real Estate Agent · Chicago, IL · Member since 2017 · 2k+ posts · 2k+ votes
    3y

    @Richard Loniewski those are great rates, do you mind sending me a PM with the contact? Happy to send over any clients if have someone relocating to your area in the future! 

    0Reply
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