Posted by Laure on April 15, 1999 at 18:35:21:
I just re-financed at 6.75%, and they only let me go to 80%. NO points, no closing costs except a new appraisal. 15 year amortization loan.
Laure 
Next steps after first REI try - Posted by terri
Posted by terri on April 15, 1999 at 10:47:01:
I have converted my primary residence into a rental unit.
I still have a lot of equity in the rental house. What would be the best method of getting $'s out of this house to do more deals?
Re: Next steps after first REI try - Posted by Jimbob
Posted by Jimbob on April 15, 1999 at 11:20:43:
The best way would have been to refinance the house before you turned it into a rental, since you could go to a higher loan to value when pulling cash out. Since it is too late now, you can still either refinance and take cash out or take out an equity loan. Be aware that most lenders will not let you go above 80% CLTV on a non-owner occupied home, there may be others who let you go higher but you’ll pay through the nose in interest and possibly MIP.
It all depends on how much equity you have.
Jimbob