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Updated 6 months ago,

User Stats

340
Posts
71
Votes
James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
71
Votes |
340
Posts

Does this type of mortgage product exist?

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

I am looking to stage a cash-out refinance to occur the same day I close on a property. I want to dump all my capital into a lucrative foreclosure property where on closing I will own it 100% and then immediately have a cash-out refinance the same day to extract some of my capital back out.

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