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Updated about 5 years ago,

User Stats

12
Posts
3
Votes
Joseph Gray
  • Rental Property Investor
  • Lenoir, NC
3
Votes |
12
Posts

Cash Out Refinance Options

Joseph Gray
  • Rental Property Investor
  • Lenoir, NC
Posted

Recently purchased a home for $85K Cash and have put about $13K into it for a total investment of $97K.

It should appraise for around $130K.

I would like to hang on to the property and rent it but need to recoup my investment of $97K for other investment opportunities.

Anyone know who the best lenders might be where I can keep the house in the LLC name and pull out a minimum of 80% LTV based on on appraised value?

Thank you!! :)

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