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Updated over 8 years ago on . Most recent reply

User Stats

25
Posts
5
Votes
Garvin Yu
  • Real Estate Investor
  • Newtown, CT
5
Votes |
25
Posts

100% cash out refinance

Garvin Yu
  • Real Estate Investor
  • Newtown, CT
Posted

Does anyone know of a bank, credit union, or other lending company that does 100% cash out refinances and does business in Connecticut?  The few local banks I've talk to only offer 70%. 

Thank you!

Most Popular Reply

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6,408
Posts
2,655
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Brent Coombs
  • Investor
  • Cleveland, OH
2,655
Votes |
6,408
Posts
Brent Coombs
  • Investor
  • Cleveland, OH
Replied

If you paid 100% with CASH, but bought it at a 30% discount off its immediate appraisal (THAT'S the secret!), then a 70% refi WILL get you all your cash back! Cheers...

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