Take Equity Out (DTI maxed out, DSCR almost 1)

[Anurag D.]

Hello,

> Assumption:

- Single Family residential rental (one-unit) (CA) with good (~45%) equity built .

- DTI maxed out for Conventional loan requirements (Freddie-Fannie based loans)

- DSCR just reaching 1 (private loan requirements need DSCR > 1)

> Goal: Take equity out.

> Query: Are there options available to take equity out.

> Possible Options:

1. Cash-Out-Refinance (Conventional): Not Possible due to DTI constraints?

2. Private Loans: Is it possible, if DSCR is just about 1?

3. Portfolio Loan: Is it possible to have multiple properties/ LLCs in different states to be in single portfolio loan?

4. NINA/NINJA Loan: Current interest rates?

5. Commercial Loan: Current interest rates?

Any other reasonable option?  Please assist if possible.

Thank you for your cooperation.