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Updated over 5 years ago, 06/22/2019
Brrrr Question: Is cash out refinance income dependent?
Hi BP, we plan to buy a property in cash and want to consider Brrrr feasibility thereafter. If we were to do a cash out refinance of that property is approval of the refinance income dependent (on our jobs/rental income) or solely dependent on the value of the asset one is refinancing? Thanks!