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Updated almost 3 years ago on . Most recent reply

User Stats

28
Posts
12
Votes
Dan Miklosz
  • Chicago
12
Votes |
28
Posts

Help - need to pull out cash from a $65k townhouse

Dan Miklosz
  • Chicago
Posted

Hey BP,

About a month back I bought a townhouse - all cash for $52k.  Did some improvements (probably appraises for $65k).

Exploring ways to pull cash out - but I'm running into issues since the loan amount is low.

Any suggestions??

Dan

Most Popular Reply

User Stats

135
Posts
31
Votes
Camile Case
  • Lender
  • Miami, FL
31
Votes |
135
Posts
Camile Case
  • Lender
  • Miami, FL
Replied

@Dan Miklosz Wait until month 3 to refi as long as the loan amount is a min $50K on a 70-80% LTV refi.

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