Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

53
Posts
26
Votes
David Garcia
Pro Member
  • Financial Advisor
  • Tampa, FL
26
Votes |
53
Posts

Local bank for cash out refi

David Garcia
Pro Member
  • Financial Advisor
  • Tampa, FL
Posted

Hello BP, I am looking to see which local banks in Tampa you may have had success/great experience with for a 75%-80% LTV cash out refi for a SFH investment property? Thanks in advance.

  • David Garcia
  • User Stats

    1,374
    Posts
    704
    Votes
    Raymond J. Rodrigues
    Lender
    Pro Member
    • Lender
    • Miami, FL
    704
    Votes |
    1,374
    Posts
    Raymond J. Rodrigues
    Lender
    Pro Member
    • Lender
    • Miami, FL
    Replied

    @David Garcia, happy to share some resources with you. Feel free to reach out! 

    Helm Mortgage Corp Logo

    User Stats

    531
    Posts
    412
    Votes
    Jorge Vazquez
    Agent
    • Real Estate Broker
    • Tampa, FL
    412
    Votes |
    531
    Posts
    Jorge Vazquez
    Agent
    • Real Estate Broker
    • Tampa, FL
    Replied

    Hey David,

    I've had over 20 years of experience working with local banks in the Tampa area for cash-out refis on investment properties. Some local credit unions and banks can offer great terms in the 75%-80% LTV range.

    If you’d like, feel free to reach out directly, and I can share some connections that have worked well for me over the years. Always happy to help another investor!

    Best,
    Jorge

    • Broker Florida (#SL3334101)

    Graystone Investment Group Logo
    Steadily logo
    Steadily
    |
    Sponsored
    America’s best-rated landlord insurance nationwide Quotes online in minutes. Single-family, fix n’ flips, short-term rentals, and more. Great prices.

    User Stats

    53
    Posts
    26
    Votes
    David Garcia
    Pro Member
    • Financial Advisor
    • Tampa, FL
    26
    Votes |
    53
    Posts
    David Garcia
    Pro Member
    • Financial Advisor
    • Tampa, FL
    Replied
    Quote from @Jorge Vazquez:

    Hey David,

    I've had over 20 years of experience working with local banks in the Tampa area for cash-out refis on investment properties. Some local credit unions and banks can offer great terms in the 75%-80% LTV range.

    If you’d like, feel free to reach out directly, and I can share some connections that have worked well for me over the years. Always happy to help another investor!

    Best,
    Jorge

    Appreciate that, thanks for reaching out. 
  • David Garcia
  • User Stats

    1,147
    Posts
    377
    Votes
    Melvin List
    Lender
    Pro Member
    • Lender
    • Tampa, FL
    377
    Votes |
    1,147
    Posts
    Melvin List
    Lender
    Pro Member
    • Lender
    • Tampa, FL
    Replied

    @David Garcia I would also get a quote from a broker. Happy to connect.

    User Stats

    125
    Posts
    52
    Votes
    Amber Stout
    • Lender
    • Tampa/Saint Petersburg, FL
    52
    Votes |
    125
    Posts
    Amber Stout
    • Lender
    • Tampa/Saint Petersburg, FL
    Replied

    @David Garcia Hey David, as an investor & mortgage broker, I'd be happy to help. If you're set on using a local bank, try BayFirst - I've done deals with them in the past and they've been great. 

    User Stats

    2,146
    Posts
    1,204
    Votes
    Jason Wray
    Pro Member
    • Banker
    • Nationwide
    1,204
    Votes |
    2,146
    Posts
    Jason Wray
    Pro Member
    • Banker
    • Nationwide
    Replied
    Quote from @David Garcia:

    Hello BP, I am looking to see which local banks in Tampa you may have had success/great experience with for a 75%-80% LTV cash out refi for a SFH investment property? Thanks in advance.


     David,

    I am over in Saint Petersburg so I wanted to reach and offer some help and see if we could Network. There a ton of opitions for investors and a few new programs have just opened up that are making it easier to build an REI portfolio. Feel free to send me an email or message so we can connect.

  • Jason Wray
  • [email protected]
  • 727-637-4289