Equity
DSCR Cash-Out Refinance
Turn the equity in a performing rental into capital for the next deal — underwritten on rents, not W-2s.
A DSCR cash-out refinance replaces the existing loan on an investment property with a larger one and pays the difference to you in cash, qualifying on the property’s rental income rather than your personal income. It is how investors recycle equity out of performing rentals to fund new acquisitions without selling.
The mechanics mirror a standard DSCR loan: the new payment is measured against the property’s rent, and a ratio of 1.0 or better generally qualifies, with 1.25+ earning the strongest terms. Pricing is also sensitive to how much equity stays in the property — deals at or below 70% loan-to-value are strongest, and up to 80% can be workable depending on the scenario.
Investors use DSCR cash-outs to fund down payments on the next property, pay off higher-cost debt such as a completed fix-and-flip loan, bankroll renovations, or simply build reserves. It is also the standard exit for the BRRRR strategy — buy, rehab, rent, refinance, repeat — letting you pull rehab capital back out once the property is stabilized and leased.
At a glance
DSCR Cash-Out Refinance, in brief.
Qualify on
Property rental income (DSCR)
Use of funds
Next purchase, rehab, debt payoff, reserves
Strongest pricing
At or below ~70% LTV
Property types
Single family, 2–4 unit, condo, townhome, 5+ unit
Vesting
Individual or entity (LLC, corp, partnership)
Typical closing
21–30 days
Who it’s for
Built for investors like you.
Questions
DSCR Cash-Out Refinance FAQs
If you own investment property with equity, you can do a cash-out refinance using a DSCR loan. The new loan pays off your existing mortgage and you receive the difference in cash — all qualified on the property’s rental income rather than your personal income.
It depends on the property’s value, rents, and the overall scenario. Deals keeping loan-to-value at or below roughly 70% see the strongest pricing, with higher leverage possible case by case. We’ll size it precisely during pre-qualification — free, within 24 hours.
Yes — it’s the standard BRRRR exit. Once the rehab is complete and the property is rented, a DSCR cash-out refinance pays off the short-term rehab loan and returns capital for the next project.
Anything that serves the investment business: down payments on new acquisitions, renovations, paying off bridge or fix-and-flip loans, or reserves. Business-purpose use is the norm for this product.
No. Like all DSCR loans, the cash-out version qualifies on the property’s rent versus its new payment — no W-2s, pay stubs, or personal tax returns in the income analysis.
Keep exploring
Related loan programs
DSCR Loans
Qualify on the property’s cash flow — not your personal income. Built for buy-and-hold investors growing a rental portfolio.
Learn moreBridge Loans
Short-term capital that bridges the gap between securing your next property and selling the last one.
Learn moreFix and Flip Loans
Purchase-plus-rehab financing for investors renovating and reselling — funded at the speed a good deal demands.
Learn moreLending in 23 states + DC — see everywhere we lend.
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Pre-qualify in minutes — no fee, no obligation, answers within 24 hours.
Program terms, leverage, and timelines vary by scenario, property, and market conditions, and are subject to underwriting approval. RynoLending is licensed in 23 states and the District of Columbia. NMLS #2246059. This is not a commitment to lend.