March 7

Cash Out Refinances on Rental Properties (Credit Union vs Portfolio Loans)

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Cash Out Refinances on Rental Properties [Credit Union vs Portfolio Loans]

In this episode, Beau talks about why you may want to refinance with a non-bank lender (aka DSCR loans) versus a bank or credit union. Why? DSCR loans don't require income verification and they're based on the rental income of your property. They also don't report to your personal credit report.


Tags

commercial loans, creative financing, hard money, real estate, real estate investing


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