Updated over 4 years ago on . Most recent reply
Refinancing after 203k loan to invest
Hi Biggerpockets folks,
I’m in the process of applying for 203k loan in CT
once the process is completed meaning rehab and appraisal. I wanted to do a home value refinance to put the money up to buy a multifamily rental. Basically I was looking to live in flip and do a home value refinance after a good appraisal and then buy an investment property.
Anyone done this before or seen it done? All responses are welcome