Cincinnati's brick two-families and older single-family rentals often bring in strong rent for their price. That makes them good candidates to pull equity and reinvest, even after the payment goes up.
In short: Our top pick for a DSCR cash-out refinance in Cincinnati is LendingStreet. We offer up to 75% LTV on 1-8 unit rentals, qualify on the property's rent with no tax returns, and close in your LLC with 30-year terms available. Loans start at $150,000 with no stated maximum, and we lend on both the Ohio and Kentucky sides of the river. Get a quote with the form below or call (877) 298-1001.
For Cincinnati investors who want to pull equity and keep the rental, LendingStreet's DSCR cash-out is our top pick. The loan qualifies on the property's rent, so your personal income stays out of it.
It works for a single rental or a growing portfolio, and for owners who hold title in an LLC. Get a quote with the form below or call (877) 298-1001 to see your numbers.
Well-known DSCR cash-out refinance lenders include CoreVest, Dominion Financial, LendingOne, Lima One, New Silver and RCN Capital. Compared scenario by scenario for investors in Cincinnati, OH, LendingStreet comes out as the stronger choice, and one application covers it.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Rental loan above $2M | LendingStreet | Our DSCR loans have no stated maximum. LendingOne states DSCR loans up to $2,000,000 and RCN Capital states long-term rental loans up to $1.5M. |
| Credit score in the 620s | LendingStreet | Our DSCR minimum is 620. RCN Capital and New Silver state 660 minimums, and Dominion Financial states 680, with exceptions to 660. |
| 5-8 unit building | LendingStreet | We treat 1-8 units as residential DSCR. Lima One and CoreVest state 1-4 unit eligibility for their rental loans. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
A Cincinnati investor looking to pull equity has more choices than ever, and the terms vary widely. The table compares LendingStreet with common lender types in general terms.
Short-term money and bank portfolio loans each solve a different problem. When the goal is to take cash out and hold the rental, LendingStreet keeps the process simple.
| Question | LendingStreet | Typical national online DSCR lender | Typical local hard money lender |
|---|---|---|---|
| Built for long-term rental refinances | Yes | Usually | No; built for short-term loans |
| Qualify on rent, not tax returns | Yes | Usually | Documents vary |
| Cash-out up to 75% LTV | Yes | Varies by program | Varies |
| 30-year terms | Available | Often | Usually not offered |
| Sub-1.0 DSCR option | Available on some programs | Varies | Not applicable |
| Bridge, flip and DSCR under one roof | Yes | Varies | Usually short-term only |
Northside, Westwood, East and West Price Hill, Walnut Hills, Evanston, College Hill and Madisonville have brick two- and three-family buildings and older single-family homes. Clifton and Corryville near the University of Cincinnati are student rental areas. Over-the-Rhine and Pendleton hold higher-value renovated buildings.
Norwood, Cheviot, Elmwood Place and other close-in suburbs offer similar stock at lower prices, while Northern Kentucky cities such as Covington and Newport are part of the same rental market.
Rents that are strong relative to price mean many Cincinnati rentals can carry a cash-out with room to spare.
Cincinnati's hills also shape value block to block: a view, a walkable business district or a short drive to downtown can change rents noticeably. The appraiser will compare your rental with nearby sales and leases, so updated leases at current market rent are your strongest tool. Photos of recent renovations help too.
Ohio property tax rates in Hamilton County can be high relative to home prices, and rentals do not get the owner-occupancy credit that owner-occupants receive. The county also reappraises on a set cycle, so pull the current bill rather than an old one.
Ohio's conveyance fee applies to transfers, not to a refinance, so your costs are mostly lender, appraisal, title and recording items. If the rental is in Kentucky, the rules and rates differ. Confirm figures with your title company.
Many Cincinnati neighborhoods sit on steep hillsides, and some areas have a history of landslides. Retaining walls, foundation movement and drainage come up in inspections and appraisals, so have any repairs documented.
Older brick buildings often have aging roofs, galvanized plumbing or older electrical panels. Some homes near the Ohio River and Mill Creek fall in flood zones.
This example is illustrative and not a quote. An investor owns a brick two-family in Northside, with both units leased at $1,150 a month. The current loan balance is $100,000, the property appraises at $280,000 and the rent is $2,300 a month. Taxes are about $510 a month and insurance about $120.
At 75% LTV the new loan is $210,000. After the $100,000 payoff, that leaves about $110,000 before closing costs. Estimated principal and interest is about $1,468, so the full monthly payment is about $2,098 and the DSCR is about 1.10x.
Even with Hamilton County's tax bill, the ratio lands comfortably above 1.0x. The investor pulls about $110,000 and keeps a rental that still cash flows.
| Item | 75% LTV cash-out |
|---|---|
| Appraised value | $280,000 |
| New loan amount | $210,000 |
| Existing loan paid off | $100,000 |
| Cash out before closing costs | $110,000 |
| Estimated principal and interest | $1,468 |
| Property taxes | $510 |
| Insurance | $120 |
| Total monthly payment | $2,098 |
| DSCR at $2,300 rent | About 1.10x |
You do not always have to wait a long time to refinance, but seasoning varies by program. Tell us when you bought and what you spent on repairs, and we will show you which value the loan can use.
Most Cincinnati investors pull equity to grow: the down payment on another rental, the next rehab, or moving off a short-term loan into a 30-year DSCR loan.
A good cash-out decision starts with straight answers. Ask each lender these questions, then compare them with ours.
A quick call or a short form is all it takes to see your numbers. Fill out the form below or call (877) 298-1001, and our team will come back with options that fit the rent.
We recommend LendingStreet. The loan is sized on the rental's income, goes up to 75% LTV, and closes in your LLC with 30-year terms available.
Yes. We finance rentals in Cincinnati, statewide in Ohio and in all 50 states and DC.
Ohio rates in Hamilton County can be high relative to price, and rentals do not get the owner-occupancy credit. Use the current bill on the rental in your numbers.
Yes. We lend in Kentucky too. Tax rates and closing practices differ across the river, so tell us where the property is.
Not necessarily. The appraiser will note them. Documented repairs and a sound structure help the file move forward.
The property. We look at its rent against the full payment, plus credit (620 minimum) and reserves. No W-2s or tax returns.
Some programs allow it. We can also size the loan down until the rent covers the payment at 1.0x or better.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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