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Updated almost 6 years ago,

User Stats

5
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0
Votes
Praise O.
  • Investor
  • San Antonio, TX
0
Votes |
5
Posts

Cash out refi Question

Praise O.
  • Investor
  • San Antonio, TX
Posted

I have 2 rental properties one has 78k loan left on it Appraised for 170k last year. The other was my primary residence until 2 months ago before I turned it into a rental. I have not had it appraised but with recent sales in my area it should appraise for at least 300k. My loan on it stands @ 198k.

My questions: if I want to use the equity in these rentals , can i do it separately or can I combine the process and get 1 loan using equity from both?

Is there an investor friendly broker that is willing to work with me on this?

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