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Updated almost 11 years ago,
When you do a cash out refi does. . . .
I have a few questions here. .. . 1 Can you do a cash out refi on a investment property ?
2 When you do a cash out refi does the interest rate have to change ?
3 Say I put down 25% which would be 50k on a propery that I purchased for 200k. When I cash out refi do I just get the equity that I put in or do I get a percentage of the value the house is worth ?