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Updated over 5 years ago,

Juan Rodriguez's profile image
Juan Rodriguez's profile image
Juan Rodriguez
Pro Member
  • Rental Property Investor
  • from Tampa, FL
  • Member since Feb 6, 2017
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User Stats

16
Posts
7
Votes
Juan Rodriguez's profile image
Juan Rodriguez's profile image
Juan Rodriguez
Pro Member
  • Rental Property Investor
  • from Tampa, FL
  • Member since Feb 6, 2017
Connect
Juan Rodriguez
Pro Member
  • Rental Property Investor
  • Tampa, FL
7
Votes |
16
Posts
Private Lending & Conventional Mortgage Advice

Cash out Refinance - Q:

Juan Rodriguez
Pro Member
  • Rental Property Investor
  • Tampa, FL
Posted

Hello Everyone,

I'm beginning to do a cash out refi and the bank wants an explanation letter. Basically, they want to know where the money will be spent. Is there a better answer to put? We just want to expand our portfolio with this money.

Thank you BPers.

  • Juan Rodriguez
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