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.
Classifieds
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 almost 2 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Randy Hill
3
Votes |
5
Posts

Pull Cash Out of Paid Off Duplex

Randy Hill
Posted

I am looking for a lender or hard money lender to pull equity (roughly $50,000.00) (term of 2 years) out of recently rehabbed duplex in Cleveland. Duplex is being rented $2400.00 monthly. The funds would be used to repeat what I have done with the current duplex, rehabbing and getting another duplex ready to rent  in the Cleveland market.  

Thank you,

Most Popular Reply

User Stats

29
Posts
17
Votes
Jennifer Dixon
  • Chattanooga, TN
17
Votes |
29
Posts
Jennifer Dixon
  • Chattanooga, TN
Replied
Quote from @Randy Hill:

I am looking for a lender or hard money lender to pull equity (roughly $50,000.00) (term of 2 years) out of recently rehabbed duplex in Cleveland. Duplex is being rented $2400.00 monthly. The funds would be used to repeat what I have done with the current duplex, rehabbing and getting another duplex ready to rent  in the Cleveland market.  

Thank you,


 Check out Optimus capital or wildcat lending. If you’re looking for more dscr loans, check with your local bank commercial dept bec they may be more helpful since you have the relationship with them. 

  • Jennifer Dixon
  • Loading replies...