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Updated almost 6 years ago,
Cash out refi Question
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?