Updated about 11 years ago on . Most recent reply
Michael BaradellPoster
Property Manager
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- Property Manager
- New Orleans, La
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Pulling equity from an investment property @ 75% equity or higher.
Hey BP,
So I have an investment property that I will most likely keep as a rental. I completely renovated the property and have created about 25% equity in the property. I'm looking for a way to pull out some of that cash. Obviously, most ( if not all ) lenders and banks will not allow a cash out refinance on an investment property above 75% maybe up to 80%. Does anyone have any ideas on how I can accomplish this?
- Michael Baradell