I need a cash out refi.Built my own house cash.I have too much on credit cards which puts my credit at 637.Home is debt free and appraises at $350,000.I have other business debts...Kabbage loans etc that is scaring banks away.Are there any lenders who lend based strictly on equity.If so what can I expect in interest and fees and term length.Thanks so much for input.

If you are going to be live in landlord, expect to be substitute strict father type or you WILL get walked over..

We are strictly at this point trying to move the homeowner to a ZOOM meeting and getting homes under contract this way.  

@John James From a strictly financing perspective, commercial is 5+ units. 

.- Noise:  M and her kids routinely come in and out of the house at 1 am or later (any day of the week) and slam the front door.

I should have been more strict about the few red flags when screening this tenant (540 credit score, no landlord references) but I had gotten 30+ applicants all with similar disqualifiers in the month that I had been advertising the rental, and I thought I would have to lower my standards a bit if I was ever going to get the place rented out.Everything was ok for the first few weeks, but then I started smelling smoke in my upper unit.

These sorts of things need to be a win-win for each player and cannot be strictly one sided.

That's why our own deal analyzing criteria is so darn strict... and why our buyers (like you) get such great deals.I hope this little tutorial has helped you sharpen up your real estate deal analyzing skills... and we really look forward to working with you in the near future.Happy investing!

I don't have solid answers on this strictly due to the constantly changing market place but short answer, yes, long answer, there's specifics needed to give you a better idea of what is possible. 

Once the virus situation is is under control and we all return to our normal routines, I assume we will then be in a declared recession.