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Updated over 6 years ago,
how fast can I refi?
HI,
I'm pretty new to the game, currently have 13 doors, and about to add 3 more. My question is this: How quickly can I refi a property and pull my cash back out. Say I close my current deal in August, can I pretty up the property, have it re appraised and cash out at least my original down payment by Christmas? I know it depends on the new appraised value of the property, but generally, how quickly should I be pulling my cash out to reinvest?
Thanks for your help!