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Leo Johnson
  • Davenport, IA
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Portfolio lending and other finance options

Leo Johnson
  • Davenport, IA
Posted Jun 10 2018, 16:08

I paid cash for a property, and also did a full gut and rehab. I poured about $25k into the rehab making it worth about $65k-$70k.  I'm looking to refinance the property but got denied for a conventional loan due to my credit score not being up to par. Will a portfolio lender do a cash out refinance? What are some other options to consider? This property will be used as a rental.

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