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Updated over 4 years ago, 06/27/2020
Help on my next move
Good morning BP family,
A couple of days ago my cash-out refi fell through due to a low appraisal. I tried multiple banks and if they even returned my calls they pretty much told me I would not get anything out or very little from equity. I was wondering if anyone had some advice on what I could do next? My goal was to pull money from the current owner-occupied property located in Brockton MA in order to purchase another. I thought that maybe I could find a lender that did 85-90% ltv but that seems to be impossible now a days.
Best,
Mckenzy