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Updated over 1 year ago on . Most recent reply
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Cash Out Refi Portfolio Lenders Offering 30 year Fixed
Looking for options/advice for reputable companies that offer cash out refi offering 30 year fixed terms for a portion of my portfolio. Currently have a portion of properties that are all new construction in 2022/2023 that I am looking to cash out on and refinance in to a 30 year fixed as a portfolio loan as opposed to as individual refis. Have a hefty amount of equity in these 6 properties (over 50%) and would value the properties between $2-2.25M.
I have yet to ever do a cash out refi on a portfolio and these have the highest interest rate to where it would actually make the most sense, even at the current rates (would probably end up with a lower refi rate to be honest). Any and all advice or recommendations on reputable companies that you can offer would be appreciated. I have reached out to a few I have found, but call me old fashioned for not wanting to just trust a company from google :)
Cheers!
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