All Forum Posts by: Shaqiul Chowdhury

I don't want to be discouraging, but I've never heard anyone willing to do a cash-out refinance up to 90% LTV. If you can find it, it certainly won't be in the hard money space/DSCR space. I would check with more local banks, as that is probably your best option. Also, the higher the LTV, the less favorable the terms. More than likely, a 90% LTV loan, if it existed, would be at 9%+, if not higher.

80-85% LTV is fine too. Just throwing it out there to see if there's any options at 90% LTV which there may be but i also don't want 9%

0 Votes

Atlanta, Georgia

Hello all,

I fully renovated a property in Decatur, GA but it has been sitting in the market for a while and I'd much rather keep it for a few years and watch it appreciate further than take a loss as it is a great property in a great part of Decatur. The house will surely continue to appreciate while I either rent out the property or Airbnb it. I currently have a hard money loan on the property and am shopping lenders to cash out refi. Is there any recommendations for lenders that would do a 90% LTV with favorable terms? My credit is still very strong and I would refinance and keep it within an LLC.

Would appreciate any insight or help as it has been a very stressful time and I am looking to move quick on refinancing. Thanks in advance.

2 Votes

Atlanta, Georgia

All Forum Posts by: Shaqiul Chowdhury

Shaqiul Chowdhury has started 1 posts and replied 2 times.

Post: Looking for lender that does cash out refi. 90% LTV and favorable terms

Post: Looking for lender that does cash out refi. 90% LTV and favorable terms