๐ Real Client Quote: DSCR Cash-Out Refinance in Kent, WA!
Looking to tap into your rental property’s equity to grow your portfolio without dealing with tax returns, W-2s, or DTI limits? Check out this real-time cash-out refinance quote locked for a single-family investment property in Kent!
Deal Breakdown:
- ๐ก Property Type: Single-Family Rental Investment
- ๐ Location: Kent, WA
- ๐ฐ Estimated Value: $650,000
- ๐ต Loan Amount: $487,500 (75% LTV)
- ๐ณ Credit Score: 729
- ๐ DSCR Ratio: 1.0+ (Qualifies purely on property rental income!)
- โฑ๏ธ Term: 30-Year Fixed
- ๐ Prepayment Penalty: 2-Year
Pricing & Rates:
- ๐ Interest Rate: 7.375%
- ๐ APR: 7.533%
- ๐ Fees: 1% Origination Fee ($0 Discount Points)
Why Cash-Out DSCR Loans Work for Real Estate Investors:
- Unlock Built-Up Liquidity: Pull cash out to fund your next deposit, buy another deal, or finance property upgrades.
- No Tax Return Scrutiny: Qualification hinges on the propertyโs rental income rather than personal W-2s or tax filings.
- Seamless Portfolio Scaling: Keep personal debt separate from investment assets while expanding across King, Pierce, and Snohomish counties.
Ready to see how much equity you can pull from your Puget Sound rentals? Letโs run the numbers!
๐ฉ Send a DM to get your custom numbers
๐ง Email: tommy@soundlendingteam.com
๐ Call/Text: 206-889-9495