Agree with @Richard Copeland, @Derek Carroll -- it all depend upon the lender and the subject property.I went with a Local business bank to close on my 6-plex and Net Worth was a non-issue.

thank you @Richard Cummings!

Respectfully,Richard Ryan

Thank you @Denise Evans for this thorough explanation as I hope to use the courthouse steps auction to get another property here in South Alabama.

Richard :)

@Richard Fields You'll be refinancing OUT of existing financing, that is, out of your cash and credit card debt.  

thanks for the reply Richard.

@Richard Anderson thanks for posting.

@Richard Nix M.

Thanks @Brandon Richards!