10/02/2026
๐ก $552,000 CASH-OUT โ 30-YEAR FIXED
This Texas Hill Country investor owned the property free and clear, renovated it with their own cash, and was operating it as a short-term rental for a few months.
They didnโt want to sell.
They wanted to pull equity out, keep the property, and lock in long-term financing.
โ
$552,000 cash-out
โ
$736,000 appraised value
โ
75% LTV
โ
6.375% fixed for 30 years
โ
1.66 DSCR
โ
Short-term rental income used to qualify
The property was also flagged as rural, which could have reduced leverage and worsened pricing.
But the appraisal supported a different conclusion.
We reviewed the detials and felt comfortable structuring it as a non-rural loan.
Not every deal fits neatly inside a lending box.
Thatโs where having a lender willing to actually understand the deal matters.
๐ Driftwood, TX
๐ฐ $552,000 funded
๐ DSCR Cash-Out Refinance
Built by real estate investors for real estate investors.