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Updated over 7 years ago on . Most recent reply

Cash out Loan on a group of properties?
Is there such a thing as a single cash out loan for few properties?
All are in the same general area. Thinking maybe having no loans is not the way to go
So is there such an animal as a cash out loan which covers a few different properties?
Maybe even a loan that takes into consideration the rental income from the properties?
As of now I was just going to flip them all with owner financing but reading more about Dodd frank I am having second thoughts because there are 7 properties
Most Popular Reply

Yes. Your local banker can explain it to you. All of the properties would have to get appraised, then they would loan you 75% of the equity. Use it for wise cash flow investing.