Skip to content
Innovative Strategies

User Stats

12
Posts
3
Votes
Frank Daniel
  • Investor
  • Huffman, TX
3
Votes |
12
Posts

Equity and refinance questions

Frank Daniel
  • Investor
  • Huffman, TX
Posted Apr 12 2014, 15:58
I currently have 3 SFR rentals (mortgaged) with about $70k in dead equity total. What is the best way to capture this. Blanket loan all three with a cash out refi? Is that possible? My goal is to use this money to become a cash buyer and then eventually refi my new purchases. Wash,rinse and repeat.I'm becoming cash poor and don't wanna lose my momentum. Thanks

Loading replies...