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Updated almost 3 years ago on . Most recent reply

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3
Posts
1
Votes
Justin Shupe
1
Votes |
3
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Cash out refi personal house or llc properties?

Justin Shupe
Posted

Personal house - estimated value of 500K

LLC properties - 13 at 650K

Thanks for your help 



Most Popular Reply

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9
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3
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Ruby Bucio
  • Lender
  • Dallas, Tx
3
Votes |
9
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Ruby Bucio
  • Lender
  • Dallas, Tx
Replied

There are several factors you would need to consider to see which option would be best. For example, the cashout limits on an investment property are typically more conservative than the limit on a primary residence. You typically will see better rates and pricing on a primary residence vs the investment as well. I work for a lender, Cornerstone First Mort, that could help in either scenario. Contact me and we can run the numbers to see which works best for you. 

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