Any Banks doing Cash out REFIs on BRRRR properties these days?

[Jamal Headen]

I’m nearing the end of a REHAB on a property I purchased with cash two months ago. I am using cash for the REHAB as well, and intend to rent it out, and find a Bank to do a Cash out REFI.

I have already reached out to three banks I’ve used in the past, where two are only offering 15 year mortgages for Cash out REFIs and the 3rd is only offering Cash out REFIs on primary residences.

I am going to continue to look; however, I seek any recommendations from the audience on reputable banks or lenders that are offering 30 year Cash out REFIs on investment property at a competitive rate, and also doing so during the pandemic.

[Jamal Headen]

@Michael Glist and @Jared Rine...Thank you so much for the insight.