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Updated almost 8 years ago on . Most recent reply

Craig Wurdeman's profile image
Craig Wurdeman's profile image
Craig Wurdeman
  • Investor
  • from Montgomery, Texas
  • Member since Sep 10, 2015
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Craig Wurdeman's profile image
Craig Wurdeman's profile image
Craig Wurdeman
  • Investor
  • from Montgomery, Texas
  • Member since Sep 10, 2015
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Craig Wurdeman
  • Investor
  • Montgomery, TX
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Private Lending & Conventional Mortgage Advice

Cash out refiance

Craig Wurdeman
  • Investor
  • Montgomery, TX
Posted

I am new investor.  I just purchased an investment property in Texas with cash using a line of credit.  The only lenders I have found so far will do a loan for 70%, based on purchase value and documented reciepts from the rehab.  I want to do a cashout refiance based on the appraisal value without waiting for the six months seasoning period.  Is this possible?

Thanks

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