Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 4 years ago on . Most recent reply

User Stats

13
Posts
0
Votes
Matthew Williams
  • Sumter, SC
0
Votes |
13
Posts

Can you cash out refi and seller financed property?

Matthew Williams
  • Sumter, SC
Posted

I may have stumbled upon a unique opportunity to get a great commercial property with a seller willing to seller finance. If I go this route would I still be able to cash out refi on that property because I want to brrrr it

Most Popular Reply

User Stats

653
Posts
312
Votes
Eric Johnson
  • Lender
  • Chicago, IL
312
Votes |
653
Posts
Eric Johnson
  • Lender
  • Chicago, IL
Replied

Matt, it really depends on the value and the property cashflow once it's done. Also, the LTV will be an issue, don't expect an 85% LTV loan. You need to calculate exactly what the loan request would be on the back side, otherwise you are going to run into hurdles you may not be able to jump over and you will be stuck.

Loading replies...