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Updated about 9 years ago,

Daniel Foster's profile image
Daniel Foster's profile image
Daniel Foster
  • Investor
  • from Memphis, Tennessee
  • Member since Jul 14, 2013
Connect

User Stats

79
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18
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Daniel Foster's profile image
Daniel Foster's profile image
Daniel Foster
  • Investor
  • from Memphis, Tennessee
  • Member since Jul 14, 2013
Connect
Daniel Foster
  • Investor
  • Memphis, TN
18
Votes |
79
Posts
Creative Real Estate Financing

Cash Out Refinance on 5th property - Memphis Area

Daniel Foster
  • Investor
  • Memphis, TN
Posted

I have a rental property in Memphis that I currently owe roughly $60,000 on, that is worth about $135,000.  The mortgage broker I have been working with says he can not do a cash out refinance because I currently have 5 properties with mortgages.  Can someone suggest a bank or contact in Memphis that is able to work around the 4 property limit?

Thanks!

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