So now I'm calling all the QuickenLoans and Loan Depot's of country and no one will touch it because: A) Its not my primary residence B) I haven't owned it for a year C) The private lender isn't reporting the monthly payments to a credit bureau so I don't have a verifiable proof of payment D) Been doing AirBnB, so no lease (if I wanted to get 2nd home or rental property financing)Solutions I'm aware of: 1) Most loan officers have suggested I call a local credit union, which I have done> The credit unions are concerned because it's not my primary and I don't have  lease in place with proof of payments via bank statements.

I would suggest you go and talk to a local credit union or bank.

I am having a challenge finding a small bank or credit union to pull cash out of SFR investment properties which I own free & clear.

It was a tough decision to commit to my local market with my duty station only having a population of 30,000 and being heavily dependent on the military. 99.99% was overpriced.

Maybe a credit union is the worth considering...Much Thanks,Riley C.

You would be wise to find a decent agent who will broker the transaction for a reduced fee and represent you both, and split the cost.You're doing a real estate transaction in the most litigious and law-choked state of the union.

The credit union will re-fi 80% LTV, after 6 months seasoning, at 15 years fixed or variable 5/1 amortized over 25 years.

I eventually found a deal in an area close to a major medical center, the University, and a military base. 

It is possible I did it using my local community credit union.

I have a credit union that will lend to my LLC at 4.75% for 25 years.