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All Forum Posts by: Tyler Richardson

Tyler Richardson has started 1 posts and replied 1 times.

Classifieds

Post: Refinance After Cash Purchase

Tyler RichardsonPosted
  • Posts 1
  • Votes 3

Purchasing a fix and flip. Have purchased cash in order to acquire the property. Looking for ways to refinance, cash out refi if possible. Need cash for repairs for the flip. Anyone have any advice on the best way to go about cashing out and reinvesting in the property. Purchase price 100k, Repairs needed 
New Service and some electrical, Roof, Exterior paint, minimal interior tlc.
Looking for suggestions on ways to refi or finance the repairs estimated at 80k
Market value after repairs somewhere in the 275k range.

3 Votes
Manchester, New Hampshire