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Updated about 16 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Homeowner
  • Member since Jul 18, 2008
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Account Closed's profile image
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Account Closed
  • Homeowner
  • Member since Jul 18, 2008
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Account Closed
  • Homeowner
0
Votes |
21
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Private Lending & Conventional Mortgage Advice

refi to cash out

Account Closed
  • Homeowner
Posted

If I were to purchase a property all cash, what are my chances of being able to refi/cash out for other investments if I don't have credit or steady income? Maybe the better question would be - how to do it.

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Rich Weese
  • #2 Off Topic Contributor
  • Real Estate Investor
  • from the villages, Florida
  • Member since Sep 25, 2008
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Rich Weese's profile image
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Rich Weese
  • #2 Off Topic Contributor
  • Real Estate Investor
  • from the villages, Florida
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Replied

I LIKE BRICE!!! We've had a good thread going today of cash flow compared to appreciation benefits under cash is king. I say Appreciation and tax benefits are king to me, although I have cash flow. I am opposed to putting that above the other benefits to create wealth.

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