BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
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Refinance a rental property- Lender
Is there anyone who knows of any good cash-out refinance lenders?
I need a lender where I can pull the funds out fast.
Low fixed rates, and no pre-payment penalty!
Any Ohio lender suggestions?
Most Popular Reply
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You will not find what you're looking for, unfortunately.
Cash outs on bridge (where there is no prepayment) are super rare these days, if this is still being offered, I am not aware of it.
Cash out on long term debt is up to 75% with most DSCR lenders right now. But there is a PPP of at least a year. You will pay for it in IR though.
How much do you own on the property?