>70% LTV for BRRRR anywhere?

[Joshua Woods]

Can anyone find a bank that will lend 75% on a duplex? I'm in Yuma, AZ and every bank I've spoken with will only loan 70% LTV since it's an investment and a duplex due to Fannie guidlines.

[Matt Devincenzo]

All conventional will have the same guideline, 75% LTV for rate/term, 70% for cash-out. So you need an alt-doc or commercial program to get a higher cash-out limit. Those come with a higher rate, but if it gets you where you need to go that may be better.