Private / Portfolio Lending - Atlanta, for cashout refinance

[Basu G.]

Hello,

We have gone to the conventional lenders and have been able to do cashout refinance on our investment properties until now. We have hit the threshold and the lender whom we usually work with says he can't do more loans because of Fannie Mae restrictions. Are there Local private / portfolio lenders , that might be able to help on a fully rehabbed and rented property for cash out refinance?

[Basu G.]

@Jerry Padilla - We have 9 properties that are financed and 4 that are in various stages of completion (2 of them triplex) and 2 single family that needs financed. We have put cash on all of them. The minimum value of each of the property is 150K and the maximum value (of the triplex) is estimated around 450K.

the properties that are financed are all rented, with average rent of $1450. 

Originally posted by @Jerry Padilla