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Updated 9 months ago on . Most recent reply

User Stats

1,074
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Shawn McCormick
  • Realtor
  • Orlando, FL
849
Votes |
1,074
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Refi Options in Ohio

Shawn McCormick
  • Realtor
  • Orlando, FL
Posted

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.

  • Shawn McCormick
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