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Updated over 6 years ago on . Most recent reply

Refinancing on a multi
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.