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Updated 7 months ago,
Conventional Cash out Refi for MFRs??
We have 5 Duplexes that we're looking to cash out refi. Have some quotes going the DSCR route however fees and rates seem on the higher end, we have 790 credit score, good W2 jobs so documentation is not a problem and we don't have an issue putting them in our personal names, but have had the MFRs for less than a year and operate out of MD. Is there any conventional residential loan options anyone is aware of that would allow cash out refi with less than 12 mths seasoning? Appreciate any information!