DSCR Cash-Out Refinance in Florida
Pull the maximum equity out of your rental at a reasonable rate. No tax returns, no W-2s, no DTI. We refinance almost any existing debt and put usable capital back in your hands for the next deal.
Up to 75-80% LTV cash-out
75-80%
Cash-Out LTV
5.75%
Rate From
1.0× / none
Min DSCR
5-14 days
Close In
How the Cash-Out Works
Tell us the property and the goal
Address, current debt, rent, and how much cash you want out. We reverse-engineer the structure that maximizes your equity.
We value it and quote the max
We frequently see more value than a conservative bank appraisal, which means a bigger loan and more cash back to you on the same property.
Close and redeploy
Pay off the existing debt, take your cash out tax-deferred, and roll it into the next deal. No loan-count cap, so you can run it again.
Why the Cash-Out Is Our Specialty
The cash-out refinance is the deal we do most, and it is the one we are best at. The objective is simple: get the maximum equity out of a property at a rate that still makes the hold work. Where a bank starts from a conservative appraisal and a long list of reasons to lend less, we start from the question of how much usable capital we can responsibly put back in your pocket.
We refinance almost any existing debt - a maturing bank loan, an expensive hard money note, a private mortgage, or a partner buyout. Most of our cash-out volume is DSCR, qualifying on the property's rent with no tax returns, but we also have bank statement and P&L options when they fit better. For tougher files we have programs that reach up to 80% leverage, and even structures that require no credit at lower leverage. As long as there is real equity in the deal, there is usually a way to get it done.
Two related plays cover most of our borrowers: investors exiting a hard money loan into long-term debt with cash back out, and investors leaving a bank that capped their leverage or their loan count. Because we have no cap on the number of loans, you can pull equity out of one property, deploy it into the next, and repeat.
Stabilized triplex, $280K pulled out, no tax returns
An investor owned a stabilized triplex free of a conventional loan, renting at $6,300 a month. We valued it at $940,000 and structured a 30-year DSCR cash-out at 75% LTV, returning roughly $280,000 in tax-deferred capital. No W-2s, no tax returns, closed as an LLC in 14 days. The proceeds funded the down payment on the next two acquisitions.
Illustrative scenario based on typical program terms. Every deal is valued and priced individually.
Cash-Out Refinance FAQ
How much equity can I pull out with a DSCR cash-out refinance?
Typically up to 75-80% LTV depending on the property and program. Our whole focus on a cash-out is getting you the maximum equity out at a rate that still makes sense, so you walk away with as much usable capital as the deal supports.
Do I need income documentation or tax returns?
No. A DSCR cash-out qualifies on the property's rental income, not your personal income. No W-2s, no tax returns, no DTI. If you do not have rental income to show, we also have bank statement and P&L options.
Can you refinance my existing loan even if it is an odd or hard-to-place situation?
In most cases, yes. We refinance almost any existing debt - bank loans, hard money, private notes, partnership buyouts. As long as there is real equity in the property, we can usually structure a path, including programs that go up to 80% leverage on tougher files and even no-credit options at lower leverage.
What are current cash-out refinance rates?
DSCR cash-out rates currently start around 5.75% on strong files and move with LTV, DSCR, credit, and prepay term. We always quote the real number for your specific scenario - the goal is maximum cash out at a reasonable rate, not a teaser.
Is the cash I pull out taxable?
Cash-out proceeds are loan proceeds, not income, so they generally do not trigger a taxable event at closing. This is why many investors refinance rather than sell to fund the next acquisition. Confirm specifics with your tax advisor.
How fast can a cash-out refinance close?
Most close in 5 to 14 days once the appraisal is in and title is clean. We run expedited closings when there is a deadline.
Find out how much you can pull out
Send us the property and we will quote the maximum cash-out at a real rate. No income docs, no loan caps.