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Updated almost 5 years ago on . Most recent reply
Getting cash from the house with low cash reserves
Hi,
I'm trying to extract cash from the house in Cleveland, OH (valued at $330k, if I can get at 75% that would be great). The house is currently used as AirBnB and has no financing on it. However I was denied by conventional mortgage, since I could not show enough cash reserves. What are my options ? I'm self employed, not much income last year per taxes and no cash reserves.
Thanks,
Anton