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Updated 12 months ago on . Most recent reply

User Stats

8
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Ola Owoyemi
  • Investor
8
Votes |
8
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Cash out Refinance using DSCR loan without seasoning period

Ola Owoyemi
  • Investor
Posted

Any lender offering cash out refi using DSCR loan without seasoning period. The rental property is in MD.

Looking for

Most Popular Reply

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Shiloh Lundahl
#2 Creative Real Estate Financing Contributor
  • Rental Property Investor
  • Gilbert, AZ
4,335
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Shiloh Lundahl
#2 Creative Real Estate Financing Contributor
  • Rental Property Investor
  • Gilbert, AZ
Replied

I do this all the time with banks. But you have to buy the property a certain way for it to work. Don't buy it at the discounted amount. Buy it at the ARV with a rehab credit. Then refinance it as soon as it is finished.

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