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Updated about 5 years ago,

User Stats

33
Posts
9
Votes
Christopher Nemlich
  • Las Vegas, NV
9
Votes |
33
Posts

Need Cashout Refi Order of Operations Advice

Christopher Nemlich
  • Las Vegas, NV
Posted

Hi All,

I'm a newbie investor looking to purchase a few turnkeys over the next few months. I have enough cash on hand to get started with 4-5, but I wanted to take advantage of current interest rates to cashout refi my primary residence to gain another 80-100k. 

My question here is with regards to the sequencing of these events to ensure I don't screw things up with the lender for the first few properties. My current debt ratio is 23% for reference.

Should I have any concerns about proceeding with the refinance now?

Thanks,

Chris

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