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Hi folks, is anyone able to advise me on what account in my chart of accounts to assign the cash that I received from a Cash out refinance on a rental property? I am aware that this is tax free money and I would like ...
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Hello community! I own my primary property outright and am currently looking to purchase a new primary residence. The deal I am looking at will need to be a cash sale. I am wondering am I able to use a cash out refi o...
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Im a new investor in the Tulsa/ Broken Arrow area. I plan to buy my second investment property soon with the equity I built in my first. I owe $60k and it will appraise around 115k. I was thinking on a heloc instead o...
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Hi everyone, so i have been on the hunt for a mutli family in my area for quite some time now. Average price of a single family home in my market is 500k+ and 2 family's start around the same. I was presented with a...
I have a rental in Reno fully paid off with current value of ~ $180k. Want to buy more rentals. Should I do 1031 exchange or do a cash out refinance? What are the pros and cons? Thanks Regards Francis
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Hey folks,
My husband and I are trying to do a cash out refinance on my moms home which she has owned free and clear for over 10 years. This is her primary residence.
There is a mother in law suite we built which s...
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Thinking of cash out refinancing some existing rentals to buy more rentals instead of deploying capital on hand. That said I'm having a hard time finding deals due to low inventory. As I understand it once I cash out ...
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I have a 7 unit property in Broward County, Florida that I would like to do a cash out refinance. I'm seeking a ~$500,000 (70-80% LTV) loan and have contacted B2R but I don't fall within their loan amount parameters o...
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Hello everyone. Does anyone know a lender who will do a cash-out refinance in a PRIMARY RESIDENCE that doesn't require my name to have been on the title for a minimum amount of time?The house I live in is in my father...
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Greetings again, Biggerpockets. Has anyone ever done a cash-out refinance on multiple paid for properties under one loan? Is this possible?