Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Refinance cash out to grow
My partner and I are splitting our portfolio of SFR in New Jersey very amicably. We currently own approximately 60 SFR. All tenant occupied
I will own 31 properties valued at 4,000,000. Financed at 1,700,000.
My credit score is 625.
I am 65 and looking to grow portfolio for kids, etc.
I use outside property management
I am looking to refi and cash out some cash to grow.
I am looking to cash out refinance 70-75% of LTV at 25-30 year amortization.
Any suggestions?
thanks, and have a good day
Ron