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Updated about 4 years ago,
Cash put refinance to BRRRR
I am doing a cash out refi on my personal property so we have the cash to buy a BRRRR. This is our first time doing this and after reviewing the refinance mortgage paperwork there is a page for the commercial purpose disclosure stating whether or not this money will be used for future commercial or business purpose. Is there anything I should be worried about with this or should I just go ahead and check the box that I will be using for business?