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Updated about 5 years ago, 10/04/2019

User Stats

32
Posts
7
Votes
Jeffrey Townsend
  • Charleston, SC
7
Votes |
32
Posts

financing after all cash purchase

Jeffrey Townsend
  • Charleston, SC
Posted

I just purchased a home at courthouse auction all cash, part of the money was gifted. What financing options do I have to get the money back out? A lender I spoke with said the bank will want to know where the money came from but I am not understanding this as the deed is in my name? Is there a minimum time requirement before you can do a cash out refinance after purchasing the home? Thanks!

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