After a year, refi New House to pull another 350k out and pay off House #1 and pay down #2

We have turned it into a 3/2 now (2/1 before) and were able to pull a HELOC for 100,000 because it was paid for.

No way I would pull a working fridge because there are dead roaches under it.

Developers are notorious for pulling the trigger too late in the economic cycle...  

Are you ready to pull the trigger, to make an offer to risk some advertiseing money?

Most recently, WAL MART just pulled the plug on their plans to build a store on the site of the Fredericktowne Mall.

Let me tell you its like pulling teeth trying to get a rate and fee quote (yes I totally understand that rates change and it is dependent on a variety of asset factors) I did find one small credit union that gave me 5.25% 80 LTV 25 year amortization, 5 year ARM, and only 0.5 point fee - problem is they are restricted to certain states.

Does anyone out there know if there are options available to us, or are we going to have to bite the bullet and pull hard money on the property?  

If you decide to pull the trigger on something in Memphis, let me know.

On a primary residence you can pull out up to 80% LTV on a SFR and up to 75% LTV on 2-4 unit multi-families.