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Updated about 4 years ago on . Most recent reply

Scott Trefethen's profile image
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Scott Trefethen
  • Investor
  • from Portland, Oregon
  • Member since Feb 22, 2014
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Scott Trefethen's profile image
Scott Trefethen's profile image
Scott Trefethen
  • Investor
  • from Portland, Oregon
  • Member since Feb 22, 2014
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Scott Trefethen
  • Investor
  • Portland, OR
1
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5
Posts
Buying & Selling Real Estate

Cash Out LOX (Letter of Explanation)

Scott Trefethen
  • Investor
  • Portland, OR
Posted

I am applying to refinance a rental home that I own outright. My lender has suggested that I keep the LOX as streamline as possible and avoid too many details. Can anyone offer advise on how to state that in such a way I convey the idea that I want the money for future investment purposes?

Thanks in Advance

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