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All Forum Posts by: Mckinley Baggett

Mckinley Baggett has started 1 posts and replied 4 times.

Post: Cash out refinance options

Mckinley BaggettPosted
  • Dekalb, IL
  • Posts 4
  • Votes 3

Wow. I really would like to thank all of the people that replied to my post. All of the replies or very insightful  and inspiring. Good luck on your next deals.

Post: Cash out refinance options

Mckinley BaggettPosted
  • Dekalb, IL
  • Posts 4
  • Votes 3

I am currently rehabbing an REO property that I paid cash for. Once it is finished, I am going to keep it as a rental property. Obviously I want to get my money back out of the property so that I can invest it in more properties. Why is it that NO ONE will refinance unless you have owned the home for a year? How is anyone supposed to invest if they have to tie their money up for an entire year? I certainly don't want to pay a hard money investor 15% plus points for a year...anyone have any luck??? Or answers for that matter?

Post: Off-market 2-level flat South Side Chicago

Mckinley BaggettPosted
  • Dekalb, IL
  • Posts 4
  • Votes 3

Did the property sale?

I would like to buy a property from them as well. Any info someone has on VISION PROPERTY MANAGEMENT would be great. Thanks