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Updated over 1 year ago,

User Stats

7
Posts
2
Votes
Rogelio Andres Jimenez
  • Real Estate Agent
  • Laredo, TX
2
Votes |
7
Posts

BTR Cash-Out Strategy

Rogelio Andres Jimenez
  • Real Estate Agent
  • Laredo, TX
Posted

Hello!

What are the key factors to consider when deciding on the most suitable loan type to cash-out refinance a newly completed house? Would a DSCR Loan, Conventional Loan, or Bank Statement Loan be the best choice to maximize returns?

The new build is 100% owned and if I take 75% out I will be getting all my money back. I currently don't have any debts other than an investment property that is cash-flowing and good credit score. I've seen the pros and cons of both DSCR and Bank Statement loans, but don't know which one will be best.

If you've had a similar situation do you mind sharing your experience? 


Thank you 

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