Cash Out Refi - Interest Rates on a BRRRR

[Matt Cupp]

I have just completed the BRR and ready to start the last RR of our first BRRRR.

I'm into the house for $112K and ARV is $180K. So I'd be looking to pull just about 62% out.

I've talked to a few lenders and most are telling me they're hesitant to do cash out refis on investment/rental properties.  Have you all ran into the same response?

What rate is typical for these? 790+ credit score and DTI ratio is 20%.

Any financial institutions better than the other?

Thanks!