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Dick Green
  • Residential Real Estate Broker
  • Conroe, TX
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1,598
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Who's No Seasoning Cash-outs?

Dick Green
  • Residential Real Estate Broker
  • Conroe, TX
Posted Oct 14 2008, 07:31

I need to know if there's any second liens products or no seasoning cash-outs available.

Here's the scenario:

Client purchasing home for $374,000 valued at $600,000. Credit score 735, full doc, owner occupied. Property needs $74,000 in repairs. He's willing to pay for the repairs but wants to do cash-out after repairs. ..... oh yea, property is in Texas.

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