Tightened lender requirements in current COVID situation

[Geetha R.]

Hello fellow investors,

We have been investing single family homes in Charlotte and nearby areas. The lenders we were working with, are currently asking for more than 30% down payment because of their concern over the COVID situation, and they offer only 65% cash-out refi.  We could not go with conventional option because of debt to income ratio, resulting from our multiple real estate investments.
Are you facing the same issue? Is there anyone lending with good terms on non-conventional options ?