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 about 5 years ago,
Out of state BRRRR refi
Hello World...
I've been working on assembling a team in San Antonio and Milwaukee for BRRRR. A conventional lender I was referred to in San Antonio said cash out refi was not allowed in Texas for non-owner occupied investment property.
Is this true? If so, are there more states that have this rule? I'm mostly interested in Texas, Wisconsin, Indiana, Florida and Tennesee.
Thank you,
Matt