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Looking for cash out refinancing on a Investment condo in Florida - not qualified for fannie Mae

Profile picture for spk
  • spk
  • Contributions:5
I bought a investment condo in Florida 6months ago with all cash - and looking to do a cash out refinance. This is a short term rental on a Beach front resort in Sandestin (near Destin, FL). Can any one help.

PS: I can qualify by my income
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February 11 2011 - Destin
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Answers (2)

Profile picture for palmbeachmortgage
Lenders offer limited review condo loans, that program may work.
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February 21 2011
Profile picture for LUXURY HOME LOANS CA

Start calling smaller banks and credit unions in your area. If you don't have any luck than call Trust Deed Investment Firms. Private money is more expensive, but easy to get.

Happy funding, Rudi
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February 11 2011
 

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