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All Forum Posts by: Ross Francis

Ross Francis has started 1 posts and replied 11 times.

Private Lending & Conventional Mortgage Advice

Post: refinancing and pulling cash out of a fully paid off investment property

Ross FrancisPosted
  • Lender
  • Los Angeles, CA
  • Posts 11
  • Votes 5
Quote from @Ann Mclean:

Can I find a lender to refinance an investment property that is fully paid off?.  I need to pull cash out.  Please point me in the right direction.  Thanks

 Absolutely, Ann. 

As others have commented, most lenders / banks will have products. 

Where you get into the nitty gritty is what you intend to use the cash out for!

One lender may require the cash out be used for business purpose exclusively, another may not have the same guidelines. 

Good luck! 

1 Vote
Houston, Texas