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Updated over 4 years ago on . Most recent reply

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Refinancing options when LTV is too high

Schnavya Bullock
Posted

Newbie here!

I purchased a duplex in the Atlanta area. After doing repairs I am told my ARV should be 165k this is entirely too low considering my pay off is 130k I underestimated refinance requirements. What options do I have in terms of still being able to refinance? My loan is due in 5 months and I prefer to buy/hold it and not to flip it

Any advice is greatly appreciated. Thank you! 

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