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Updated over 5 years ago on . Most recent reply

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82
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Ryan C.
  • Buffalo, NY
25
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82
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How to pull all cash out of new purchase

Ryan C.
  • Buffalo, NY
Posted

I cant seem to figure out how to pull all of your money out of a cash purchase aka The BRRRR Method when the banks will only use the purchase price? They want 6-12 months of seasoning before they will you an appraisal. That seems counter productive. I read all over bigger pockets about people refinancing the next day, but have yet to find a bank that will.i need some suggestions.that aren't a 8% interest rate.

Most Popular Reply

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied

Hi @Andrew Postell

You mentioned in your post that the OP should go into the BP State-Specific forums and ask for lender referrals. These requests are only allowed to be posted in the Marketplace Forum.

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