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Updated over 7 years ago,
First duplex Looking to refinance and cash out for next property.
Hello Everybody,
I just recently closed on a duplex in Milwaukee.
Details;
Has long term tenants and making an income of $1,100 a month.
I do not have W2 income.
House is under my LLC.
I'm looking at refinancing and advise from people who use this strategy. I've been looking at a few local Credit Unions and contacting lenders. What is usually necessary to refinance a property under these conditions?
What has worked for you?