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Updated over 3 years ago on . Most recent reply

Investment property cash-out refi
Let's say Zillow zestimates a property worth $150K. If I were able to buy the property with cash for $100K. Would a lender let me immediately take out a loan of $150Kx75%=$112K without doing any improvement to the property assuming the property's condition on par with the Zillow's comps?