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All Forum Posts by: Tom Brickman

Tom Brickman has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Bought a house Cash 2 months ago. Lenders are saying no cash out

Tom BrickmanPosted
  • Rental Property Investor
  • Dallas TX
  • Posts 1
  • Votes 0

Bought a house cash in July. Im nearing the end of my Renovation.  Im in Arlington Tx.  2 different lenders are now telling me they can not do a cash out refinance for at least 6 months.  

I have no mortgage of any kind on the house.  Its a 300k house and im trying to just take 100k out. 

is this correct? Even though I have no mortgage on it- I can't do any kind of refinance for 4 more months? 

0 Votes