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Updated over 4 years ago on . Most recent reply

User Stats

35
Posts
7
Votes
Frank Kosiba
  • Rental Property Investor
  • Paradise Valley, AZ
7
Votes |
35
Posts

Cash out refi 85% LTV for Rental/Investment Property in Boston

Frank Kosiba
  • Rental Property Investor
  • Paradise Valley, AZ
Posted

Does anyone (currently) know of banks/credit unions that will go 85% LTV refinance on a 2 family investment property in Boston proper? Looking to combine a HELOC and conventional 30 yr into one loan. Called around and came close, but not to 85% which is where I need to be.


Thanks in advance.

Most Popular Reply

User Stats

2,325
Posts
2,314
Votes
Matthew Irish-Jones
Property Manager
Agent
Pro Member
  • Real Estate Agent
  • Buffalo, NY
2,314
Votes |
2,325
Posts
Matthew Irish-Jones
Property Manager
Agent
Pro Member
  • Real Estate Agent
  • Buffalo, NY
Replied

@Frank Kosiba loans are hard to come by at this point. Lots of people that were previously qualified are getting rejected. I have not seen anyone willing to do 85% LTV. 75-80% is the best I have seen locally, as well as talking with investors from other markets.

  • Matthew Irish-Jones
business profile image
Irish Jones Realty
4.8 stars
43 Reviews

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