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Updated over 2 years ago, 08/15/2022
Refi cash out non owner property
Question to you all.
I have two single family non owner that I want to refi and do a cash out both are cash flowing one big bank said they do not really do rental property funding the other wants to know what I'm doing with the money, never heard this before in any event I owe between the two 120K comps are around 280K combined they are tied together now because when I bought them they used one for collateral and now I want to have them stand on there own with separate mortgages, I'm in Ohio can anyone help this situation.
Alan