Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
![Abraham Bar's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/528828/1695271015-avatar-abrahamb4.jpg?twic=v1/output=image/cover=128x128&v=2)
Best xash out lender
Hi everybody,
I'm buying a triplex in stockton, CA for cash. I'd like to do a cash out loan ASAP. My understanding is that this would not be a commercial loan but a regular non owner occupied mortgage.
Non sure what the best way to approach this would be so I'm asking for your advice. Who would you recommend as lender? What kind of interest rate can I expect?
Thanks
Most Popular Reply
![Kyle J.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/107526/1621417363-avatar-sjpm.jpg?twic=v1/output=image/crop=241x241@39x0/cover=128x128&v=2)
Originally posted by @Walter Purdy:
Not sure if I fully understand your situation based on how it was described, sounds like you're trying to buy a property cash then immediately use the equity for a cash out refi? If you get a tripled financed it would most likely be a non owner occupied conventional loan. You'd need a good amount of equity to do a cash out refi ASAP
If he buys it with cash, he'll have a 100% equity.