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Refinancing investment properties that 50-110k in value
Just curious if anyone knows any national or local lenders (Texas region) that do cashout refinancing on lower valued properties in the 50-110k range. I have some of them all that are paid off in cash and would like to pull the cash back out for investment purposes. Others are on 15% down, 20 year amortizations with 5 year arm at 5%, would also like to refinance those to 30 years if possible.
From the ones I look online, it seems like the minimum is 100k.
Any help is appreciated.
Thanks.