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All Forum Posts by: Kenny Szymanski

Kenny Szymanski has started 6 posts and replied 21 times.

General Landlording & Rental Properties

Post: Cash out refinance on a rental.... With a partner

Kenny Szymanski
Pro Member
Posted
  • Buffalo, NY
  • Posts 22
  • Votes 4

hey guys, I am looking for any opinions or past experiences with cash out refinancing on a rental property. Senerio: I own a double with a partner that is "technically" paid off with no recorded mortgage. I want to pull equity out of the rental and use the cash to put down on another. The catch: my partner just sabotaged his credit and is self employed. Is it possible for me to be able to pull any funds out of this property?

0 Votes