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Updated over 4 years ago on . Most recent reply

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Manish Shah
  • Investor
  • Parsippany, NJ
5
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45
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Cash out on multiple properties

Manish Shah
  • Investor
  • Parsippany, NJ
Posted

Does anyone know how to get cash out on multiple properties in a single deal? Will such cash out more expensive than obtaining the refinance cash out individually or getting the mortgage in the first place? I like the idea of cash offer / no hassle transaction but want to understand if it comes with a cost later.

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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
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Whitney Hutten
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Boulder, CO
Replied

@Manish Shah LTV could be factor as well. Working with a bank that carries their own mortgages (ie. portfolio lender) is another option. This works well if you plan to hold for a while.

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