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 almost 15 years ago,
Cash out on investment properties
I am looking for a creative financing solution. I have 4 properties in Baltimore. No mortgages on them. All of them rented to section 8 tenants. They bring good cash flow and I want to keep them. I used a line of credit to buy and rehab them. I would like to take some cash out (65% LTV) to pay off the HLOC. Is there any bank that would refinance investment properties with cash out? I want to take out a loan with the houses as security. Is anybody interested to defer capital gains for minimum 5years without the headache of a landlord? I would be interested to get an option to buy the properties back.