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Updated over 5 years ago on . Most recent reply

User Stats

82
Posts
43
Votes
Pope Lake
  • Investor
  • New York City, NY
43
Votes |
82
Posts

Cash Out Refi Explanation

Pope Lake
  • Investor
  • New York City, NY
Posted

Can someone explain a cash out refi? I know what a refinance is roughly but for the life of me am having a hard time wrapping my head around the “cash out concept of this”.

Do you have an example of how you used this method for yourself. Thanks in advance for your help!

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