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Unlocking Your Equity: How Much Cash Can I Get From My Investment Property?

COLUMBUS, OH – JULY 22, 2025: For ambitious real estate investors, portfolio expansion is always on the horizon. Whether you’re looking to acquire another single-family rental in Clintonville, a multi-family property near Ohio State University, or even fund a significant renovation on an existing asset in German Village, the key to your next move often lies within the equity you’ve already built. The burning question on every investor’s mind: how much cash can I get from my investment property?

How Much Cash Can I Get From My Investment Property?

The answer lies in strategic financing, particularly through a cash out refinance, often facilitated by specialized products like Debt Service Coverage Ratio (DSCR) loans. These aren’t your average personal mortgages; they’re designed with the investor‘s unique needs and property performance in mind.

At GHC Funding, we are experts in empowering real estate investors. We understand that traditional lending can often be restrictive for those with multiple properties or complex income streams. That’s why we offer a comprehensive suite of flexible financing solutions, including DSCR Loans, SBA 7a loans, SBA 504 Loans, Bridge Loans, and Alternative Real Estate Financing, all designed to help you unlock your property’s potential.

The Cash Out Refinance Explained: Maximizing Your Equity

A cash out refinance involves replacing your existing mortgage with a new, larger one, and receiving the difference in cash. For investment properties, this cash infusion can be a powerful tool for:

• Acquiring More Properties: Fuel your expansion by using the cash as a down payment for your next rental.
• Property Rehabilitation: Fund significant upgrades, increasing property value and rental income without dipping into personal savings.
• Debt Consolidation: Consolidate higher-interest debt, improving your overall cash flow.
• Building Cash Reserves: Create a stronger financial cushion for future opportunities or unexpected expenses.

The amount of cash you can pull out is primarily determined by your property’s Loan-to-Value (LTV) ratio. For investment properties, lenders typically cap the cash out refinance LTV at 70-75% of the property’s appraised value.

Here’s the basic formula:

Property's Appraised Value x Maximum LTV (%) - Current Mortgage Balance = Maximum Cash Out Amount

For example, if your investment property in Columbus is appraised at $300,000 and you have an outstanding mortgage balance of $100,000, and the lender offers a 70% LTV:

$300,000 (Appraised Value) x 0.70 (70% LTV) = $210,000 (New Maximum Loan Amount)

$210,000 (New Maximum Loan Amount) – $100,000 (Current Mortgage Balance) = $110,000 (Maximum Cash Out)

This means you could potentially receive $110,000 in cash from this refinance, ready to be deployed into your next investment venture.

DSCR Loans: The Investor’s Advantage

When it comes to cashing out equity from an investment property, DSCR (Debt Service Coverage Ratio) loans are often the most advantageous option for real estate investors. Unlike conventional loans that heavily scrutinize your personal income and debt-to-income (DTI) ratio, DSCR loans primarily focus on the income-generating potential of the investment property itself.

The DSCR is a crucial metric, calculated by dividing the property’s Net Operating Income (NOI) by its total debt service (principal and interest). A DSCR of 1.0 means the property’s income exactly covers its debt. Lenders typically require a DSCR of 1.10 to 1.25 or higher for a cash out refinance, indicating that the property generates more than enough income to cover its mortgage payments.

Current Market Insights: Rates & Requirements (as of July 22, 2025)

As of mid-2025, the real estate market, including the robust Columbus, OH area, continues to see competitive interest rates for investment property financing. For DSCR cash out refinance loans, investors can expect rates to generally fall within the range of 7.00% to 9.25%.

Several factors play a significant role in determining your specific rate:

• Loan-to-Value (LTV): As mentioned, higher LTVs (closer to the 70-75% maximum) generally correspond to slightly higher interest rates due to increased lender risk.
• DSCR Ratio: A higher DSCR (e.g., 1.30+) demonstrates stronger cash flow and lower risk, often resulting in more favorable rates. A DSCR of 1.00 indicates breakeven, while anything below 1.00 is generally not acceptable for DSCR loans.
• Credit Score: While DSCR loans emphasize property income, your personal credit score (typically a minimum of 620-660) still influences the rate. Higher scores (720+) will unlock the most competitive terms.
• Property Type: The type of investment property (e.g., single-family rental, multi-family, short-term rental) can affect rates. Properties with more predictable and stable income streams may receive better terms.
• Loan Term: 30-year fixed-rate terms are common, offering payment stability. Shorter terms or interest-only periods may have different rate structures.
• Cash Reserves: Lenders typically require 3 to 6 months of the new mortgage payment (PITI) in liquid reserves, demonstrating your ability to cover payments even during potential vacancies.

Exact Requirements for DSCR Cash Out Refinance Loans:

The beauty of DSCR loans for investors lies in their tailored requirements:

• No Personal Income Verification: Forget tax returns, W2s, or pay stubs. Your personal income and employment history are not the primary qualifying factors. This is a game-changer for self-employed investors or those with diverse income streams.
• Property-Centric Qualification: The focus is on the property’s rental income and its ability to cover the mortgage. An appraisal will include a market rent analysis to determine projected income.
• Minimum DSCR: As noted, a DSCR of 1.10 or higher is a common minimum requirement, though some lenders may go slightly lower or prefer higher for better rates.
• Entity Lending: Most DSCR loans allow you to hold the property and close the loan in an LLC or other business entity, offering crucial liability protection and simplifying portfolio management.
• Minimum Credit Score: Generally, a FICO score of 620-660 is the floor, but higher scores will significantly improve your terms.
• Seasoning Requirements: For a cash out refinance, most lenders require a minimum seasoning period of 90 days to 6 months of ownership (meaning you need to have owned the property for that long). Some may allow immediate cash out if the loan amount is based on your cost basis (purchase price + documented rehab costs).
• Property Types Accepted: A wide variety of investment property types qualify, including:
  • Single-Family Residences (SFRs)
  • Multi-Family Properties (2-4 units)
  • Condominiums (non-warrantable condos may be accepted by some DSCR lenders)
  • Townhouses
  • Short-Term Rentals (STRs) / Airbnb properties (often requires a 12-month booking history or projected income analysis)

GHC Funding: Your Strategic Partner for Investment Growth

GHC Funding is meticulously designed to be the go-to lender for real estate investors navigating the dynamic landscape of markets like Columbus, OH. Here’s why we are uniquely suited to help you determine how much cash you can get from your investment property and facilitate your next move:

• Flexible Underwriting Philosophy: Our deep expertise in DSCR loans means we look beyond traditional W2 income, focusing on the revenue-generating power of your assets. This allows us to say “yes” when conventional lenders say “no.”
• Investor-First Approach: We speak your language. Our team comprises seasoned professionals who understand the metrics that matter to investors: cash flow, ROI, and scalability. We are committed to finding solutions that align with your strategic objectives.
• Market Insight & Localized Expertise: We have a finger on the pulse of key real estate markets, including Columbus, OH. Our understanding of local dynamics allows us to provide more relevant and effective financing advice.
• Streamlined & Efficient Process: We know time is critical in real estate. Our loan process is designed for speed and clarity, getting you the capital you need precisely when you need it.
• Diverse Product Portfolio: Beyond DSCR loans, GHC Funding offers a robust array of solutions including SBA 7a loans for business acquisitions, SBA 504 Loans for owner-occupied commercial real estate, Bridge Loans for short-term financing, and other Alternative Real Estate Financing options. This diverse offering ensures we can meet virtually any investor’s needs.

Geo-Targeting Columbus, OH: Capitalizing on the Arch City’s Potential

Columbus, Ohio, stands out as a consistently strong and growing market for real estate investors. Its diversified economy, strong job growth, and relatively affordable housing make it an ideal location to leverage equity from existing properties. The city is currently a seller’s market, with median home prices around 8,086 in June 2025 (up 2.2% year-over-year) and homes selling quickly. This momentum provides excellent opportunities for investors to unlock appreciation.

Here are some prime areas and investment scenarios within Columbus, OH, where a cash out refinance can be strategically deployed:

• University District (Zip Codes: 43201, 43202): Centered around The Ohio State University (OSU), this area offers consistent demand for student housing (single-family homes converted to multi-bedroom rentals, duplexes) and apartments. A cash out refinance on an existing OSU rental can provide capital to acquire another property in neighborhoods like Campus Area (43201) or Old North Columbus (43202), capitalizing on the perpetual student population.
• German Village (Zip Code: 43206): Known for its historic charm, brick streets, and unique architecture, German Village commands premium rents. Investors with well-maintained historic homes here can perform a cash out refinance to fund luxury upgrades or acquire additional high-end rentals, attracting discerning tenants. Think a meticulously restored Victorian or a charming brick cottage.
• Clintonville (Zip Codes: 43202, 43214): This family-friendly neighborhood offers a mix of established homes and a strong community feel. It’s ideal for single-family rentals and duplexes. A cash out refinance on an appreciated Clintonville property can help an investor purchase another rental in the area or expand into a growing adjacent market.
• Franklinton (Zip Code: 43215): Once an industrial hub, Franklinton is undergoing significant revitalization with new arts districts, businesses, and residential developments. This emerging neighborhood presents opportunities for value-add investors to acquire properties that need renovation (using cash out funds) and benefit from future appreciation. Consider older multi-family buildings or commercial-to-residential conversions.
• The Suburbs: Dublin (43017), Westerville (43081), Gahanna (43230), Grove City (43123): These thriving suburbs offer excellent school districts, robust job markets, and a steady demand for family housing. Major employers like Honda in Marysville (nearby) and numerous corporate headquarters contribute to consistent rental demand. Investors can cash out equity from a Columbus city property to acquire larger, newer single-family homes or even build-to-rent properties in these attractive suburban communities.
• Milo-Grogan (Zip Code: 43211): This evolving neighborhood, situated close to downtown and major highways, offers more affordable entry points for investors. Leveraging a cash out refinance can enable the acquisition of several single-family homes or duplexes in Milo-Grogan, providing strong cash flow potential through strategic renovations and tenant placement.

Columbus’s economic strength is underpinned by major sectors including education (OSU), healthcare (OhioHealth, Mount Carmel Health System), technology (numerous tech companies, including a growing presence in AI and data analytics), and logistics (its central location makes it a key distribution hub, attracting companies like Amazon). This diverse economic foundation contributes to sustained population growth and a stable demand for housing, making Columbus a resilient market for long-term real estate investment.

Unique Proposition: The Unrestricted Power of Your Equity

The core unique selling proposition of using a DSCR loan for a cash out refinance on your investment property is the unrestricted access to your capital, without personal income constraints.

• Freedom from Personal Income Checks: Unlike conventional refinancing that burdens you with income verification, DSCR loans cut through the red tape, allowing investors with varied or complex income streams to access their equity effortlessly.
• Scalability for Portfolio Growth: Traditional lenders often impose limits on the number of mortgages you can hold. DSCR loans offer greater flexibility, enabling you to expand your portfolio beyond conventional limits.
• Business-Purpose Lending: DSCR loans are specifically designed for investment properties, recognizing real estate as a business. This translates to more tailored terms and a focus on the asset’s performance.
• Quicker Capital Deployment: The streamlined approval process for DSCR loans means you can access your cash faster, allowing you to react quickly to emerging opportunities in competitive markets like Columbus.

This specialized approach means you’re not just getting a loan; you’re gaining a powerful financial tool designed to accelerate your real estate investment journey.

Frequently Asked Questions – Q&A Section

Here are some common questions real estate investors ask about how much cash they can get from their investment property:

Your Next Investment Awaits: Unlock Your Equity Today!

Understanding how much cash you can get from your investment property is the first step toward strategically expanding your real estate portfolio. With the power of a cash out refinance, particularly through investor-friendly DSCR loans, you can leverage your existing assets to seize new opportunities.

GHC Funding is your trusted partner in this journey. Our flexible underwriting, market expertise, and commitment to a streamlined process make us the ideal choice for real estate investors looking to maximize their equity.

Don’t leave valuable capital untapped. Contact GHC Funding today to explore your options and turn your equity into your next success story!

Call us at 833-572-4327 or visit our website at www.ghcfunding.com to learn more.

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External Resources for Columbus, OH Real Estate Investors:

• Columbus Property Investors Association (CPIA): A local association offering networking, education, and resources for real estate investors in the Columbus area. http://www.cpiaonline.com/
• Ohio Division of Real Estate & Professional Licensing: The official state agency for real estate regulations, licensing, and consumer information in Ohio. (Search for “Ohio Division of Real Estate & Professional Licensing” to find their official website.)
• Columbus Board of REALTORS® (Columbus REALTORS®): Provides valuable local market data, statistics, and trends for the Central Ohio real estate market. (Search for “Columbus Board of Realtors market report” for their latest publications.)
• City of Columbus Department of Development: Information on city planning, zoning, and economic development initiatives that can impact real estate investment. (Search “City of Columbus Department of Development” to navigate their official website.)
• Zillow Columbus Housing Market Overview: Offers data on home values, rent trends, and market conditions in Columbus, OH. https://www.zillow.com/home-values/415944/fairgrounds-columbus-oh/

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