Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Cash our Refinance dilemma
I have a rental property I owe for over 10 years.
Current lender refused to do cash out refi since it’s investment property.
My two previous attempts to cash out refi would make the property into negative cash flow operation.
So I decided not to purse them.
The only valid option I can see is to do potentially 1031 exchange.
What do you all think?
Respectfully,
Oleksandr