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Updated over 7 years ago on . Most recent reply
Cash Out Refinance on Rental Properties
Good Afternoon BiggerPockets
I am looking for a bank that can assist us with a Cash out refi on a rental property we are going to purchase hopefully next week. This property is located in Lancaster Pennsylvania. I am trying to find a bank that is easy to work with who can cash us out at around 75% of the value of the home. The problem we are running into is our credit. When they pull our credit it isnt the best so I need a bank who is willing to work with us based on the rental property / deal in addition to considering our credit.
Any assistance provided is so greatly appreciated! Thank you so much!
