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Ryan Mackfee
  • Investor
  • Swarthmore, PA
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14
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Cashing out to buy another property

Ryan Mackfee
  • Investor
  • Swarthmore, PA
Posted Jun 19 2014, 10:00

Ok...so now I have three rentals and they cash flow pretty good but i am tapped out on credit and because I paid cash for the last property I dont have any more to buy another property. What Iwant to do is do a cash out refi but the lenders are telling me I have to wait a year because I paid cash for the property. Is there another way? Help

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