Cash Out Re-fF in Louisville, KY

[Melissa Dry]

Good evening everyone! 

I am just starting out in the REI world, and was thinking of taking a cash-out refinance mortgage on a free and clear home in Louisville, KY to get started buying properties. Does anyone have any advice, either from experience or general trade knowledge, on lenders they've worked with in the area, or if this is even a good idea?

Thanks in advance for any advice!

[Alexander Felice]

Originally posted by @Kyle Schlosser:

@Alexander Felice It was my interpretation that she was going to use a Heloc to start buying properties and that’s what brought your podcast to mind. I apologize if I made a misstep. Still learning the ropes.

 ah yes, in that case delayed finance very much may help! 

I'm learning too dude, no need for apologies ;)