Cash-out refi of an investment duplex in Texas

[Kelly McKenzie]

Help please!

I am trying to do a cash out refi on an investment property I own in Dallas, TX. However, I just spoke with someone from Quicken Loans in Texas who said it was impossible/against the law because you can't do cash out refi's on investment duplexes. Only single family homes or large developments (more than 4 units) were allowed for investment cash outs.

This seems very strange to me, but reading online has just made things less clear. Is is possible to do a cash out refinance for an investment duplex in Texas? Do I need to have my primary residence in Texas? Any advice/help is much appreciated.

Thanks so much!

Kelly