Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

2
Posts
1
Votes
Jeremy Porter
1
Votes |
2
Posts

How to get cash out of a property you bought 3 months ago for cash.

Jeremy Porter
Posted May 7 2024, 13:31

I have a condo I recently acquired that I own outright. I am wanting to pull cash out of it. My issue I am running into is I recently switched into real estate full time so I do not have a w2. My credit is good/excellent. I am wanting to just pull 100k out and it should appraise for 140-155k. Part of the issue I am experience is a DSCR company I spoke to will only give what I acquired the property for plus the rehab cast. I acquired the property in a unique via trade of a different property I owned.

Does anyone have a solution?

Loading replies...