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Updated almost 3 years ago on . Most recent reply

User Stats

89
Posts
29
Votes
Dustin Sanders
  • Realtor
  • Pensacola, FL
29
Votes |
89
Posts

80% (or better) LTV cash out refinance for investment property

Dustin Sanders
  • Realtor
  • Pensacola, FL
Posted

Hey BP,

I am looking to do a cash out refinance with my investment properties to go buy some more investment properties.

The best I've heard so far from my current lenders are 75% LTV cash out refinance for my investment properties. I've heard of higher than 75% LTV though that's only for primary residences.

Are there any lenders who you know that are able to do 80% LTV (or better) cash out refinance for investment properties?

Thanks,

Dustin

Most Popular Reply

User Stats

107
Posts
77
Votes
Wesley B Williams
  • Rental Property Investor
  • Louisville, KY
77
Votes |
107
Posts
Wesley B Williams
  • Rental Property Investor
  • Louisville, KY
Replied

@Dustin Sanders have you talked to a lot of local banks and credit unions. In louisville it’s pretty common for them to give you 80% Ltv. I called 20+ banks and made a spreadsheet.

  • Wesley B Williams
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