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Updated almost 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Ali Barry
  • Rental Property Investor
1
Votes |
7
Posts

How Many Cash Out Refinance Loans Can I Get?

Ali Barry
  • Rental Property Investor
Posted

I hear that you can only get 10 loans under your name before you need to work with a portfolio lender. I actually am looking to purchase properties with owner financing and plan on doing a cash out refinance to pay off the sellers as well as recoup my initial investment. 

If hypothetically, I already have 10 loans under my name or Company name, would a bank still give me a cash out refinance as long as I actually have ownership in the property via an owner finance agreement?

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