I would like to hear feedback from any personnel who have done a Cash Out Re-Fi on their primary residence to purchase an investment property.

I would like to hear feedback from any personnel who have done a Cash Out Re-Fi on their primary residence to purchase an investment property.

@Andre HoustonCash-out Re-Fi on your existing rentals and leverage the bank money. 

Hey @Jordan Matanane check out the facebook group “Tacoma FI.”

Unfortunately, to re-fi at 75% of the amount of the value of the home, the numbers don't seem to work. 

Because it's not really a RE-fi?

Electric, cable/wi-fi, water etc to make it make more sense and also avoid a more aggressive contract.

We currently can't buy lists for SC (I tried through list source).

I am about to close on a cash-out re-fi and as I was reading thru the loan docs, saw this clause which is something I have never seen before. 

OR we can finance it with cash (in the form of heloc or hard money), rehab it, and cash out re-fi at 75% LTV after 6 months with estimated ARV close to 450k , that will allow us to recover about 90% of total cash invested, we are leaning towards the cash route, but want to run in by the more experienced to make sure we are not missing anything.