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Updated 9 months ago,
Best way to cash out refinance or DSCR
I have purchased a property on cash using my HELOC and I was wondering if there are options to do the following:
1. HELOC on an investment property with 75% LTV
2. DSCR Loan with 75% cash out refi
3. Conventional is not giving me upto 75% LTV due to the DTI
My properties are cash flowing really well and are appraised at a good value but still under $100K, except one which is $115K. I need to move fast as some of these properties come from an offmarket seller.
I need to increase my portfolio of SFH homes. Please get in touch if you are a lender and can help me achieve these goals.