Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

24
Posts
4
Votes
Tomasz Poznanski
Pro Member
  • Investor
  • Brooklyn, PA
4
Votes |
24
Posts

Refinance cash out with no income

Tomasz Poznanski
Pro Member
  • Investor
  • Brooklyn, PA
Posted

I am looking to do refinance cash out with no income- due to Corona Virus i am laid off temporary and on unemployment for 2 weeks now. 

Here is my situation. I have regular sallary 50k. But no because of corona virus im on unemployment for 2 weeks and it might be who knows next few feeks. I have 4 houses total. 1 i have a tenant in starting just may 1st 2020. Another is finished and i will look for tenant now. 2 other houses im renovating.

Can i get refi cash out and how? Is anybody here  offering asset based rifi with no income? My tenants will pay rent $1000 and it would cover refi and insurance taxes etc. House is worth 100k i am looking for 70-80k refi cash out.

The house i would refi cash out has no loan. It was all cash deal. Its under my personal name. 

Any help please. 

  • Tomasz Poznanski
  • Loading replies...