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Updated about 1 year ago,

User Stats

8
Posts
8
Votes
Jodi Paulovich
  • Rental Property Investor
  • Pgh/NYC
8
Votes |
8
Posts

Can i pull money out of property with bad credit?

Jodi Paulovich
  • Rental Property Investor
  • Pgh/NYC
Posted

Hi, i currently own a 3 family with a 4% mortgage, which is doing very well. I am about to purchase a SFH foreclosure for $65k cash (this week), and wanted to find out if there was a way to pull out some cash to pay down debt since it will be paid for? My credit score is only 603. Also, the first property is in an LLC, and this one will be purchased in another LLC.

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