Cash-out refinance for investment property
GPS Capital refinances investment property with cash out - pull equity out of a property you own to fund the next deal, pay off a maturing loan or free up capital, without selling. Loans from $500K to $20M, up to 70% of value, closing in as fast as one week. No tax returns and no minimum credit score in most cases.
Cash-out refinance terms
Rates 9.99% to 12.99%, 1 to 2 points, loans from $500K to $20M, up to 70% of after-repair value, typically 12-month terms. No minimum credit score. Closes as fast as one week - well-documented deals have funded in 3 to 5 business days.
When investors use a cash-out refinance
You own a property with equity and a new deal needs a down payment. A hard money or private loan is maturing and you need a takeout while you stabilize or sell. A bank refinance is stuck in committee while your deadline approaches. In each case, an asset-based cash-out refinance converts trapped equity into working capital in days, not months.
Proof it moves fast
GPS Capital closed a $425,000 Brooklyn cash-out refinance in a week for a borrower who needed to move fast, and a $1,950,000 refinance on a 22-unit property in Spring Valley, NY, also closed in a week. Individual results depend on the asset, the market and the exit.
FAQ
Cash-out FAQ
Can I get a cash-out refinance on an investment property with bad credit?
Yes. GPS Capital has no minimum credit score and no income verification in most cases. We underwrite the property's value and your plan for it, not your credit history.
How much cash can I pull out of my investment property?
GPS Capital lends up to 70% of the property's value, from $500K to $20M. The exact number depends on the property, the existing debt and your plan - send the address for a same-day answer.
How fast does a cash-out refinance close?
As fast as one week. GPS Capital closed a $425K Brooklyn cash-out refinance in a week, and well-documented deals have funded in 3 to 5 business days.
Do I need tax returns for a cash-out refinance?
No. There is no income verification in most cases - the loan is underwritten on the property, not your personal income.
Can you refinance a property with an existing hard money loan?
Yes. Paying off a maturing bridge or hard money loan is a common use - we refinance the property based on its current value and your exit plan.
What properties qualify for a cash-out refinance?
Investment single family, 2-4 family, multifamily, mixed-use, condos, commercial and land - anything held for business or investment purposes, not owner-occupied primary residences.
Have a deal? Get a response within 2 hours.
No obligation. If we can’t fund it, we’ll tell you straight.
Or call us now: 718-247-8863 Deals@gpscapllc.com