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Updated over 4 years ago,
Cash-Out REFI of Atlanta Property
I'm in the middle of a BRRRR on a property in Lithia Springs, GA, just west of Atlanta. The renovations will be done in a couple weeks and it should be rented out beginning of August.
I purchased the property in June and I with all the marketplace uncertainty and the great rates I would like to find a lender who will do a cash-out refi without the Fannie/Freddie 6-month seasoning period.
Does anyone have a local lender in the Atlanta or Douglasville area that does this kind of lending? Or any national lenders that do?
What I am looking for:
75% or 80% LTV based off appraised value
25 or 30 yr amortization
No 6-month seasoning