Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

114
Posts
54
Votes
Rich Lopes
  • Rental Property Investor
  • San Jose, CA
54
Votes |
114
Posts

Looking for some creative financing to pull money out of rental

Rich Lopes
  • Rental Property Investor
  • San Jose, CA
Posted

Hi 

Looking for advice on the following scenario:

1. Currently own a rental property worth about 1.3M. Owe about 600K on this property on a 30 yr fixed @ 3.75% with 27 years to go. Rental history of 4 years with current Rent of $3900 / month.

2. Looking to do cash out refi and take out about 300 - 400K for a down payment to buy SFH for a primary residence. Currently living in a rental.

3. What are some of my best options in terms of financing? 

Hope to you hear from some creative financing gurus. TIA.

Loading replies...