All Forum Posts by: Sean Lagace

Hi, I'm looking for a small local lender in the Seattle WA area that is able to do an 80% cash out refi on a non owner occupied rental. I hear people talking about finding small local banks that will do this type of thing but have unsuccessfully called over 50 different banks with no luck. Everyone I talk to say there is no bank that will do this. I hoping to find someone on here that can recommend a bank in the area that does this type of transaction. Thanks in advance for your recommendations!

Hi All,

I'm looking for any banks in the state of Washington that will do an 80% cash-out refinance on a rental property that does not require a seasoning period. Any recommendations would be greatly appreciated. Thanks in advance!

So this law you are talking about applies to someone that purchases a house to flip and is doing the work themselves? Or does this apply to anyone even if your have a GC that is doing the work on the project?