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
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Cash-out recommendations for SFR in Florida
Hello all,
I've got a SFR in Florida that I own outright. I took possession via quitclaim deed from a JV partner in March. Market value is around $115k and I'm looking to cash out $80-90k. With mortgage rates what they are, I'm inclined to look for a 30 year note to preserve cashflow. FICO > 800, DTI not an issue. Does anybody have any recommendations for lenders in Florida that would be a good fit? I'm pursuing the more traditional avenues (WF, B of A, Chase, etc.) but if I can find better terms or service from a smaller institution that investors have had good experiences with, I'm all ears. Thanks!