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Updated about 4 years ago on . Most recent reply

User Stats

26
Posts
4
Votes
Jacob Thorp
  • Rental Property Investor
  • Rochester, NY
4
Votes |
26
Posts

Cash out refi & full time investor?

Jacob Thorp
  • Rental Property Investor
  • Rochester, NY
Posted

Hello! How are you full time investors qualifying for cash out refis? Banks don't like us bc we don't have W2 income, and a lot of the inventory here is between 50-100k and some bigger lenders want 100k min loan or property value so a lot of our assets don't fit their model.

Any advice is appreciated! Thanks BP community!

Most Popular Reply

User Stats

497
Posts
169
Votes
Martin Grizzanti
  • Investor
  • Rochester, NY
169
Votes |
497
Posts
Martin Grizzanti
  • Investor
  • Rochester, NY
Replied

Family First Credit Union talk to Alan.  Keep calling little banks and credit unions if not

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