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Updated over 1 year ago,
BTR Cash-Out Strategy
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