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Updated over 7 years ago,

Delmas Edwards's profile image
Delmas Edwards's profile image
Delmas Edwards
  • from Warren, Michigan
  • Member since Aug 15, 2015
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User Stats

140
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36
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Delmas Edwards's profile image
Delmas Edwards's profile image
Delmas Edwards
  • from Warren, Michigan
  • Member since Aug 15, 2015
Connect
Delmas Edwards
  • Warren, MI
36
Votes |
140
Posts
General Landlording & Rental Properties

Cash Out Refinance On Investment Properties

Delmas Edwards
  • Warren, MI
Posted

Hey, Guys so I purchase my first rental property in Detroit 15K plus closing which came out to 18K and rehab it at 11.5K. I also have a tenant that's paying $775 a month with a one year lease. I was trying to do a cash-out refi but loan was too low. My question is what other steps can I take to pull my cash out this property to be able to purchase another one?

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