US Real Estate Cash Out Refinance
My partner and I purchased a property with cash in June. Its a student rental in Indiana. The property was purchased for $127,800 and was appraised at $150,000 pre covid. We are looking to refinance and purchase another property. My question is: As a foreign national investor in the USA, what are some of the required documents that a bank may ask for when looking at a cash out refi?
We purchased and hold the property in our LP so I am assuming our EIN, articles of incorporation, copy of the lease, rent roll will be required. I would like to put a list together to be prepared and have an understanding of what is expected when approaching a bank and speaking to it's associates.
Also could anyone recommend a potential bank to refinance through?
Thanks in advance