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Updated over 11 years ago on . Most recent reply
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Cash out refinancing from investment
I have three properties paid off and now I would like to use the equity out these properties. However, I recently called my lender and was informed that I can only do a cash out refinancing on the home that is my residence and not on the investment property.
Any ideas on how I can take advantage of the low rates and use my investments homes as the collateral?
Most Popular Reply
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This is usually a good place to find some of the more investor-friendly lenders in your state.
http://www.homepath.com/financing-renovation-lenders.html