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Updated almost 7 years ago on . Most recent reply

Andre Smith's profile image
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Andre Smith
  • from Woodbridge, Virginia
  • Member since Apr 2, 2018
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Andre Smith's profile image
Andre Smith's profile image
Andre Smith
  • from Woodbridge, Virginia
  • Member since Apr 2, 2018
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Andre Smith
  • Woodbridge, VA
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Creative Real Estate Financing

Can Cash-Out Refi on a home that I am Owner financing to someone?

Andre Smith
  • Woodbridge, VA
Posted

Hello,

I am rehabbing my first property (owned free and clear) and my contractor wants to purchase it through seller financing. I was planning on doing a cash-out refi and start the BRRRR strategy. Is there any way to pull equity on the house (so I can buy more properties) while seller financing the house to the buyer?

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