Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago, 12/25/2022
Cash-out equity loan for house paid-in-full
I have a fixer-upper that I own outright. I’m 80% finished on the rehab. I need cash to carry me to the finish line. A cash-out equity loan of $75000 with no pre-payment penalty would be perfect. A hard money lender would be ideal, however they seem to be focused on fix and flip loans. Any suggestions? (I purchased for $225k with ERV of $450k.)