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Updated about 7 years ago on . Most recent reply

Alan Zee's profile image
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Alan Zee
  • Rental Property Investor
  • from Dallas, TX
  • Member since May 19, 2017
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Alan Zee's profile image
Alan Zee's profile image
Alan Zee
  • Rental Property Investor
  • from Dallas, TX
  • Member since May 19, 2017
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Alan Zee
  • Rental Property Investor
  • Dallas, TX
65
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126
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Buying & Selling Real Estate

Cash out in cincinnati

Alan Zee
  • Rental Property Investor
  • Dallas, TX
Posted

Hi All, 

I just purchased 2 properties (duplex and 4-plex) for cash about 2 month ago in Cincinnati and like to cash out refi to invest in bigger deals. I am in NY. Anyone know of any lenders/brokers that works with out of state owners ? 

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Ryan Evans's profile image
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Ryan Evans
  • Rental Property Investor
  • from Cleveland, OH
  • Member since Sep 19, 2016
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Ryan Evans
  • Rental Property Investor
  • from Cleveland, OH
  • Member since Sep 19, 2016
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Ryan Evans
  • Rental Property Investor
  • Cleveland, OH
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Ryan Evans
  • Rental Property Investor
  • Cleveland, OH
Replied

I've got a friend who I believe is working with Key bank from out of state. Probably not the first choice for most, but they are based in OH, so at least understand the local landscape. I think you're likely to get better terms if you let the property sit for 6 months or so with tenants in it. 

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