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Updated almost 10 years ago on . Most recent reply

Lloyd McFarlin's profile image
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Lloyd McFarlin
  • Wholesaler
  • from Stockton, California
  • Member since Feb 24, 2009

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Lloyd McFarlin's profile image
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Lloyd McFarlin
  • Wholesaler
  • from Stockton, California
  • Member since Feb 24, 2009
Lloyd McFarlin
  • Wholesaler
  • Stockton, CA
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Buying & Selling Real Estate

Refinance

Lloyd McFarlin
  • Wholesaler
  • Stockton, CA
Posted

If I pay cash for an investment property how much am I likley to be able to pull out on a refi?

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Upen Patel
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Upen Patel
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Upen Patel
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Replied
@Lloyd McFarlin The refi loan amount will be based on when you refi.
* If you refi within 6 months, then it is considered a Delayed Financing loan. In this case the loan about it based on the purchase price.
* If you let the purchase season for 6 months, then you can get a new appraisal (after 6 months), and the loan about would be based on the new appraisal.
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