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Updated 6 months ago, 06/10/2024
Refi Options in Ohio
I recently bought a rental in Ohio. I paid cash $78,000 and put about $35,000 worth of rehab into it, so all in $115k. Looking for best option to cash out refi. I think it would appraise for around $140kI have only owned it since March, so very little rental income. What loan type (DSCR or conv) should I be looking at and what rates?. Hoping to get 80% back out.