Updated about 6 years ago on . Most recent reply
Distressed property, banks and cashout refi
As a cash investor, some property can be bought in which the banks wouldn't otherwise have approved a loan for.
If these properties are bought up and rehabbed is there a way to guarantee a bank will be able to cashout refi?
Are early loan denials usually linked to specific features like roof, flooring and bathroom versus overall property quality and bank risk aversion?