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Updated over 8 years ago,

User Stats

19
Posts
1
Votes
Manson C.
  • Investor
  • San Mateo, CA
1
Votes |
19
Posts

What are my options of doing Cashout Refi after owning 8 rentals?

Manson C.
  • Investor
  • San Mateo, CA
Posted

I currently own 8 rentals and I want to do cashout refi on one of them. My lender told me that I can no longer do cashout refi via conventional loan if I own more than 4 rentals.

What are my options? Can I do cashout refi using a non-conventional loan / portfolio lender from a regional bank? What does the rate / term look like? Thanks.

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