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Updated almost 10 years ago,

User Stats

47
Posts
13
Votes
Jason Carter
  • Investor
  • Austin, TX
13
Votes |
47
Posts

Private money cash out refi

Jason Carter
  • Investor
  • Austin, TX
Posted
I was hoping to do a "delayed mortgage" with private money. Property is 295k. I put down 100k and private money supplies 195k to close with cash. From what I have been reading I can do an immediate cash out, with no seasoning, for 70% of purchase price. Does anyone have any experience with this?

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