They usually have non-recourse debt requirements so that a mortgage on a 1031 property can be absorbed easily. 

@Macall Smith The max LTV you will get on a cash-out refi will depend on the type of loan - conventional, non-agency, bundled, etc. and seasoning.For a conventional 30 yr fixed loan you can get max 75% LTV (1-unit) and 70% LTV (2-4 unit).

It is a great way to accelerate the growth of your retirement savings.The refinance will need to be non-recourse. 

Then you can cancel the deal citing non-loan approval and ask for your deposit back.  

Disclaimer: My experience with all this is corporate non-realestate world.

Hi,Looking for someone to help pull some equity out from a fully paid house in East LA and it's owned by an overseas investor (non-American)?

With bigger unit numbers, you shorten the time to reach your goals.The most important step in this whole process is to put a very specific achievable goal: example, “ I want to make $ X a month to replace my income”.As far as commercial loans: there are two types, recourse and non-recourse.Recourse loans are generally bank loans, that put you personally on the hook.

The action to recover the money is a foreclosure depending on what state, it can be judicial or non judicial.

What are the pros and cons of being a non-occupying  co-borrower?

Does it apply to non-owner occupied/investment properties as well?