Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

467
Posts
161
Votes
Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
161
Votes |
467
Posts

Cash out refi, qualifying, exit strateg for hold rather than flip

Matt Berklacy
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
Posted

I want to use private money lending to jump on a deal, cash offer.  I will have to refi cash-out exit plan If I hold it for good positive cash flow, and not flip it.  I am terrified not being able to  qualify for refi-cash out for 30 year fixed for exit strategy...

I own three properties paid off in cash, high credit,but self employed, income shows issue on paper.

Your input on cash out refi, for a newbie, .. I need confidence builder to take action, my first time doing borrowing like this..

Loading replies...