Austin LTV Portfolio Lender

[Taylor Jackson]

Hi All,

I've been acquiring some SFR rentals in Austin, and I'm l'm looking for a bank that will lend on appraised value without a seasoning period. My strategy is to buy, rehab, rent, and refi, but my experience has been that banks are lending on the lesser of 75ish% LTV or 80-85% LTC (acquisition + rehab). If I can buy and rehab for 75% of value, then I want to pull as much cash out as possible assuming DSCR works. Any recommendations? Thanks in advance.