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Updated almost 7 years ago,

Oscar Turner's profile image
Oscar Turner's profile image
Oscar Turner
  • Member since Mar 16, 2008
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Oscar Turner's profile image
Oscar Turner's profile image
Oscar Turner
  • Member since Mar 16, 2008
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Oscar Turner
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Buying & Selling Real Estate

Refinance without down payment on rental

Oscar Turner
Posted
Quick question. If I get an investment loan for a rental the bank wants 20 percent down. So if I buy a property cheap and rehab it can I cash out refi up to 70 percent of its value. Essentially getting my imvestment back and having a rental without a down payment?
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