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Updated almost 5 years ago on . Most recent reply

Manny Rana's profile image
Manny Rana's profile image
Manny Rana
  • from Burbank, California
  • Member since Dec 27, 2017
Connect

User Stats

20
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3
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Manny Rana's profile image
Manny Rana's profile image
Manny Rana
  • from Burbank, California
  • Member since Dec 27, 2017
Connect
Manny Rana
  • Burbank, CA
3
Votes |
20
Posts
Los Angeles County Real Estate Forum

Cash Out Re-Fi for an Investment Property

Manny Rana
  • Burbank, CA
Posted

Hi Everyone - 

Just have a quick question.  I’m looking at cash out refinancing my current home as an option of partially funding the down payment I need for another investment property I’m looking to purchase.

The question I have is the interest on the new loan deductible if I use the cash as a down payment on an investment property?

Thank you very much,

Manny
 

Los Angeles County, California
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