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Updated almost 9 years ago,

Manshi M.'s profile image
Manshi M.'s profile image
Manshi M.
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since May 28, 2013
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User Stats

30
Posts
1
Votes
Manshi M.'s profile image
Manshi M.'s profile image
Manshi M.
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since May 28, 2013
Connect
Manshi M.
  • Real Estate Investor
  • Jersey City, NJ
1
Votes |
30
Posts
Private Lending & Conventional Mortgage Advice

Can I do cashout refinancing after I have 6 financed properties?

Manshi M.
  • Real Estate Investor
  • Jersey City, NJ
Posted

Hi all,

I want to do cash out refinancing for a property. I already have 6 financed properties under my name. All of them are 2 unit properties in NJ. Can I still do do cashout refinancing? As per my research, Fannie Mae and Freddie Mac does not allow cashout refinancing if there are more than 6 financed properties. Is that true?

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