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Updated almost 9 years ago on . Most recent reply

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James Varnadoe
  • Greenville, SC
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Greenville area lender question

James Varnadoe
  • Greenville, SC
Posted

We have a property we want to do a cash out refi on - purchased with cash 3 months ago with a tenant in place. 

Are there any lenders you have found that will do a 70% LTV refi before a 6 month time period from purchase has elapsed?

I'd rather get the money now than have to wait another 3 months.

Thanks in advance.

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Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
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Junior Salters
  • Rental Property Investor
  • Spartanburg, SC
Replied

Hey James, reach out to Skyler Jackson at Carolina Foothills Credit Union in Spartanburg. I know those guys are pretty flexible when deals make sense and your numbers seem pretty good.

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