This is a local credit union, this would only be an option for an investor that both owns the properties near Austin, Texas, and that personally lives in the area as well.

Leading the charge was the European Union's General Data Protection Regulation (GDPR), which came into effect in May 2018.

Building strong relationships with lenders is key working with local banks or credit unions that understand the market can give you an edge.

I just completed a 80K HELOC with a local credit union.

They're like bank & credit union loans... but with (i) more leverage, (ii) more interest only, (iii) [typically] lower rates, (iv) non-recourse structure, and (v) no deposit requirements / no requirement to start "a relationship". 

Go to a credit union and get a low interest 2nd mortgage and leave the 1rst mortgage intact.

There is a lender willing to refi cash out the property right know, should I take this lender offer, or would it be better to go to a local Credit Union or Bank and have them run the numbers?

Good morning, BiggerPockets Family.I recently submitted a Residental Purchase Agreement (RPA) with a pre-qual letter from my credit union and FICO scores.

Financing:Credit Union --> 80% Ltc, 25 Yr.

Hey Diane, Since you're targeting properties under $75K, consider local credit unions or community banks, as they may offer more flexible loan options for smaller amounts.