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Updated almost 5 years ago,

Eric Konitski's profile image
Eric Konitski's profile image
Eric Konitski
  • Flipper/Rehabber
  • from Rockford, IL
  • Member since Apr 29, 2019
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User Stats

19
Posts
1
Votes
Eric Konitski's profile image
Eric Konitski's profile image
Eric Konitski
  • Flipper/Rehabber
  • from Rockford, IL
  • Member since Apr 29, 2019
Connect
Eric Konitski
  • Flipper/Rehabber
  • Rockford, IL
1
Votes |
19
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Cash out refinance without a bank

Eric Konitski
  • Flipper/Rehabber
  • Rockford, IL
Posted

I want to buy my great grandfathers home since he has passed away and it is paid off. I don’t have the money to buy and my family doesn’t want to do seller financing. I want to use private money or a partner to buy the deal. My question is do I have to use a bank for the cash out refi and would lender be as “loose” as a private money lender?

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