Cant access my equity for cash out refi

[Jeremy A.]

Any contacts for loan officer who actually understands BRRR?

i cant access my cash equity on cash out refi. My bld appraised at 613k i owe 153k on 1st. 

I want to decide how i spend funds not be micro managed by lender restrictions of paying contractors or debt only. 

Do lenders not give lump sum anymore?

[Corby Goade]

I think there's some missing info here- my guess is that your DTI won't support a loan for that equity. Why are you being denied?

Also- you might explore a HELOC if you are doing a BRRRR. It's definitely a more flexible type of loan and should save you money in the long run.