Posted on: 31st Jul, 2010 06:08 pm
What lender should I go to get money out of my investment properties? Credit and cash flow are good but I'm starting a new business that is very promising. Need liquidity for the build out.
Any bank that will lend commercially. As long as your a cap rate is within range...they will give you the $$
What type of property do you have to refinance? If residential, I would be more than happy to direct you to our mortgage bank, contact me direct to discuss.
Any lender should be able to help if cash flow and credit are good. The major factor is how much equity you have your home. The amount of equity home will determine how much money you can take out. Investment properties are capped around 75-80% LTV.
