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Updated almost 6 years ago, 01/13/2019
Lending solutions / cash out refinance of new construction
Looking for recommendations /experiences / stories for refinancing strategies on a new construction project.
I've seen a few ads out there in which lenders offer refinance options after 60% of a project is complete. I'm hoping to find the right lender that will allow me to refinance out of my construction loan before or immediately after my homes are built. Hoping to find the perfect loan that will allow me to pay everyone back and still keep the properties in my portfolio.
Have you done or seen this happen successfully ?