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Updated almost 10 years ago,
Cash Our Refinance on my duplex for $60k
Hello BP.
I am in the process of Cash Out Refinance my duplex and Pull out around $60k.
I am trying to use that money to invest more into multi-Family and would like to use it to it best. do you have any recommendation or advise to the use of the money or type of loan that I should use so I can buy more investment properties. I don't want to use 20% down payment like I did on my other Duplex because it drain my capital down. Also If I put 20% down, I would only be able to buy one Duplex but I like to buy more than two this year.
Let me know what you think or what would you do with that Money.