Your are asking about refinancing a property, but are looking to buy.

I am more comfortable with holding and improving then cash out refinancing at the end of a year or two to go buy some additional properties.

I found out today that the governments HASP program is a possible alternative to at least refinancing a property even if you are above the mandated fannie mae 4 property limit.

I purchased contracts and many times with the intention of refinancing the deals shortly after buying the obligation, which accelerates the yielddue to the payoff where the remaining balance is very important to look at.

hey j, thanks for the response..you're correct, refinancing is a great way to tap into equity tax free...i was wondering if when you sell, do you owe taxes on the money you pulled out...it seems the refi has no effect on the basis and you still do owe taxes on that...thanks for the answer!

We have refinanced a couple times in the last several years and have never had any problems.

He did some creative refinancing just before the real estate market fell apart, pocketed the cash and disappeared, apparently out of the US.

Inquired about refinancing, and came up with same monthly payment amount and additional closing costs.

Perhaps the approach of advertising notes for sale, but all you're doing is refinancing the property.I would not advertise "8-12%" interest rate.

Hey I am wondering exactly how strict banks or lenders are If I was to buy a property cash then refinancing 70-80% of it?