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Updated over 4 years ago,

Bob Houston's profile image
Bob Houston's profile image
Bob Houston
  • Real Estate Investor
  • from Forney, Texas
  • Member since Jul 19, 2016
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User Stats

20
Posts
6
Votes
Bob Houston's profile image
Bob Houston's profile image
Bob Houston
  • Real Estate Investor
  • from Forney, Texas
  • Member since Jul 19, 2016
Connect
Bob Houston
  • Real Estate Investor
  • Forney, TX
6
Votes |
20
Posts
General Landlording & Rental Properties

Cash Out Refi...how does it work?

Bob Houston
  • Real Estate Investor
  • Forney, TX
Posted

I would like to do a cash out refi on one of my rentals so as to buy another property...once I initiate the refi, do I have to start paying back immediately, or can I set it up and " pull the trigger" once I find the property I want to buy? How long does it typically take to complete a cash out refi?

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