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Colorado Real Estate Q&A Discussion Forum
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Updated over 3 years ago on . Most recent reply

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CJ O'Loughlin
  • Fort Collins, CO
0
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5
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Lender that does an immediate refinance for a 1031x

CJ O'Loughlin
  • Fort Collins, CO
Posted

We're in the process of doing our second 1031x this year (shoutout to Dave Foster for keeping up with all my newbie exchange questions).

I have an offer in on a duplex in northern Colorado. Anyone have any experience or know of a lender that specializes in closing the loan and then immediately doing a cash-out refinance? My primary plan was to do a HELOC after closing to tap the equity, but I'm a little concerned rates will rise significantly so I thought I'd explore this as an option.

Thanks in advance!

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