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All Forum Posts by: Maggie G.

Maggie G. has started 8 posts and replied 46 times.

Post: Refinancing with cash out , to get all money down back

Maggie G.Posted
  • Real Estate Investor
  • Chicago, IL
  • Posts 48
  • Votes 8

Thank you John.............. In my city of Bridgeview, IL , after owning a property over a year  , it didnt  appreciate much if any .........so I need to  find other option for  money down. thank you. 

Post: Refinancing with cash out , to get all money down back

Maggie G.Posted
  • Real Estate Investor
  • Chicago, IL
  • Posts 48
  • Votes 8

Really?? Great .! I have that book on my shelf ,however I havent start reading yet  because I am reading now another Brandon's book " Rental property Investing"  

Thank you  . I will get to that one soon.  I am new to investing and  new to Biggerpockets  but  so far I love it, I  learn a lot  for  past 2 weeks.  Thank you guys.you are awesome!!!! 

Post: Refinancing with cash out , to get all money down back

Maggie G.Posted
  • Real Estate Investor
  • Chicago, IL
  • Posts 48
  • Votes 8

I will look it up tomorrow. Thank you Kyle.

Post: Refinancing with cash out , to get all money down back

Maggie G.Posted
  • Real Estate Investor
  • Chicago, IL
  • Posts 48
  • Votes 8

The question is  how to start investing with little or no money  down?this is the hardest thing to do  : to start.........

Post: Refinancing with cash out , to get all money down back

Maggie G.Posted
  • Real Estate Investor
  • Chicago, IL
  • Posts 48
  • Votes 8

Thank you so much for  quick response Chris.

Post: Refinancing with cash out , to get all money down back

Maggie G.Posted
  • Real Estate Investor
  • Chicago, IL
  • Posts 48
  • Votes 8

Hi. My name is Maggie,  I am a new to Biggerpockets. I heard few  podcasts on Biggerpockets  website  about  starting out to invest  with refinancing with cash out over  and  over again to buy one house after another house  .  Few investors recommended to  buy house  then refi with cash out all  money down and buy another house, so my question  is:  " How can you refi  with cash out to get all your money if bank will only give  80% of your equity"? How can you get all equity  out to buy another  home??, I just dont understand  how does it work,  can anybody explain the process  for  me?? 

I bought my single family home  a year ago  , I put 20%  down, how can I get that  20%  out to  buy  another  investemnet  home? Is it possible> What are  these  investors  talking  about?

I appreciate your help . Thank you. Maggie