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Updated over 8 years ago on . Most recent reply
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Need refi on rental properties
Hi, I have just a few rental properties I am looking to get a refi on. I own them outright and need my cash back out of them. They are homes in great shape but not real expensive ...anyone know of a lender that I can use to get this refi at a decent rate? Thanks so much.
Lindsay
Most Popular Reply
I've had difficulty with the same thing. My property values are low, in the 40s, so no one wants to touch them for a typical refi. I did end up getting a commercial LOC from Kemba financial credit union but it was a lot of work to get it.