Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 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!
