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Updated over 6 years ago on . Most recent reply

User Stats

214
Posts
29
Votes
Carlos Rodrigues
  • Investor
  • Kearny, NJ
29
Votes |
214
Posts

Cash Out Refi with 1099

Carlos Rodrigues
  • Investor
  • Kearny, NJ
Posted

Good day.

I have one property with about $125k in equity. I want to pull some of that equity out but have a 1099 job (real estate agent).  I've held this position full-time for about a year and another year part time.  But my tax returns don't show much of a profit on my first year.  I was wondering if anyone knows how I can pull some of that equity out so I can use it.

Located in Union County NJ.

Thank you kindly in advance.

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