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Updated over 2 years ago on . Most recent reply

80% cash out refi in Florida?
I have been on a hunt for a lender who lends at 80% cash out refi for an investment rental property in Florida. If anyone could point me in the right direction that would be great! Thank you!
Most Popular Reply

@Emilio Pereira Market standard is 75% max on a cash-out refi, although some offer 80%. That said, at 80% LTV it will likely be very difficult to cashflow the property. Have you considered looking into a HELOC to tap into the equity? That may be a viable option for you.