Investor Multifamily Capital | Andover, MA
Cash-Out Refinance on Investment Property — Massachusetts
Pull Equity Out of Your Portfolio. Redeploy It Into Your Next Deal.
Own free-and-clear or have equity in a rental property? IMC structures investment property cash-out refinances so investors can access capital without selling.
Who This Is For
- Rental property owners
- Portfolio investors
- Landlords with equity
- Investors seeking capital for the next deal
- Investors refinancing existing debt
Typical Uses
- Pull cash from rental equity
- Fund next acquisition
- Pay off private or hard money debt
- Improve liquidity
- Scale an investment portfolio
25 Years Experience | Investor-Only Lending | No W2 Required | Close in 2-3 Weeks | Massachusetts Specialist
Program Parameters
Capital boxLoan Amounts$75K - $3M
LTVUp to 80% purchase / 75% cash-out
Min FICO660 (680+ best pricing)
DSCR Minimum1.0 (no-ratio available)
Property Types1-8 units, select 9+ commercial
Terms30-year fixed, ARM, interest-only available
Income DocsNone required
Closing2-3 weeks typical
How a Worcester, MA investor pulled portfolio equity
Worked scenarioPropertyTriple-decker rental
Purchase Price$0 existing hold
Loan Amount$405,000
Key MetricCash-Out $95K
OutcomeLiquidity created for next acquisition
Timeline20 days
FAQ
Investor searchesCan I get a DSCR loan in Massachusetts?Yes. IMC structures DSCR loans for eligible Massachusetts investment properties, subject to property cash flow, borrower profile, and capital source guidelines.
What DSCR ratio do I need to qualify?Many programs review DSCR at 1.0 or higher, with stronger pricing and structure generally available at higher ratios.
Do I need tax returns for a DSCR loan in MA?Most DSCR programs qualify the property based on rental income instead of personal W2 income or tax returns.
Can I use a DSCR loan for a short-term rental in Massachusetts?Yes, eligible STR properties may use projected or historical short-term rental income depending on the capital source.
How fast can I close a DSCR loan in Massachusetts?Clean files commonly close in 2-3 weeks, though timing depends on appraisal, title, entity docs, and underwriting.
What is the minimum down payment for a DSCR loan in MA?Many DSCR purchases start around 20-25% down, depending on property type, score, leverage, and DSCR.
Can I close a DSCR loan in an LLC in Massachusetts?Yes. LLC and entity borrowers are common for business-purpose investment property loans.