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Updated over 6 years ago on . Most recent reply

Peter LaBreck's profile image
Peter LaBreck's profile image
Peter LaBreck
  • Rental Property Investor
  • from Berwick, ME
  • Member since Jun 29, 2018
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24
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23
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Peter LaBreck's profile image
Peter LaBreck's profile image
Peter LaBreck
  • Rental Property Investor
  • from Berwick, ME
  • Member since Jun 29, 2018
Connect
Peter LaBreck
  • Rental Property Investor
  • Berwick, ME
23
Votes |
24
Posts
General Landlording & Rental Properties

Refinancing on a multi

Peter LaBreck
  • Rental Property Investor
  • Berwick, ME
Posted
I am looking to buy a 2-unit multifamily for approx. 60-70k. It is appraised at 112k. After purchasing and renting units, when can I refinance in order to pull out HELOC and gain cash for projects on the home? Also using the cash for future down payments. It seems there are a multitude of answers when researching this.
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