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I wanted to post the story of a rental house that we purchased a few months ago and just got done with a cash out refinance. The numbers are great and I think they will give some of you the motivation needed to pull ...
Hello Everyone I hope all is well… I have a question that I hope someone can answer. I was listening to the bigger pockets podcast today and the guest said she was able to pull out 275% of her money on a cash out refi...
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What is the highest cash out refinance LTV % you are seeing lenders offer right now? The norm seemed to be 75% the past few years, curious to see what people are seeing nowadays.
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Hi all, this is my first post but more excitingly I am working on my first out of state BRRRR. Question, is anybody familar with lenders that can do a cash-out refinance with 80% of the appraised value? I am currently...
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Hello. I just purchased 3 properties from a wholesaler and looking to do a cash out refinance. Does anyone know of any lenders that will go off LTV after just 3 months from purchase? Rather than the full 6 months.
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Hi. I need to do a cash out refinance on an investment property I just finished rehabbing. I'd like to get 80% LTV, but the best I can find so far is 75% LTV. I am in North Carolina.Does anyone know if an 80% LTV is...
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Hi everyone.I own a retail building with a partner under an LLC. Under very conservative valuation at 8% cap rate, I believe the building is worth $1.6M+I was thinking about doing a cash out refinance at $1.1M with a ...
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I recently took out a HELOC on my primary mortgage and have used this to purchase a home for 32,000 with rehab cost of 150,000 and ARV of 220k. The goal, initially, was to sell this property, however we would really l...
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Hello everyone, I have a property I'm currently rehabbing and would like to do a cash out refi. It's about two weeks left in the project. I want to know generally how long does the refinance take to get done. Should I...
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What’s the best route to go about a cash out refinance? Search from different lenders? Go through tue same lender as the initial mortgage? And does the remaining amount of the loan you currently owe stay the same but ...