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Updated about 3 years ago on . Most recent reply

Richard Schreiber's profile image
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Richard Schreiber
  • Member since Feb 11, 2022
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Richard Schreiber's profile image
Richard Schreiber's profile image
Richard Schreiber
  • Member since Feb 11, 2022
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Richard Schreiber
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Washington D.C. Real Estate Q&A Discussion Forum

Rehab- Cash Out Refinance a Condo

Richard Schreiber
Posted

I'm trying to build wealth guys but the market here in Arlington VA is nasty. I've been looking at properties out by front royal but it would mean leaving all my friends/girl friend behind.

My goal is to live in and rehab a property, force appreciation, and cash out refinance. I’d use the cash out refinance to buy an existing business. Hopefully trying to get $50-100k out of a refinance. Is this doable with a condo in this area?

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