Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply

Refinancing under $100k in PA
Hello BP Family,
Wondering if anyone has leads on lenders in the PA/ Delaware county area who would ReFi a rental property under $100k. I have done some research and those I found need the 80% LTV to be a minimum of $100k.
Just BRR'd [now on the 4th R :-) ] a duplex with an ARV estimate of $90k. This is my estimate using comps from the MLS with some slight adjustments and would like to refinance at this point.
Any lead is appreciated. Thanking you guys in advance.
Most Popular Reply

@Tosin Oluwatoye My experience has been what @Eric Veronica said, most banks limit you to 75% LTV on cash out investments. You could try Boeing Helicopter Credit Union, or some of the other small local banks.