Investor · Portland, OR · Member since 2014 · 5 posts · 1 vote
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?
Investor · Alexandria, VA · Member since 2019 · 21 posts · 9 votes
5y
Hi @Scott Trefethen! I know this is old, but curious what you ended up writing for the letter? How'd it go? I'm planning to just write "debt consolidation". Also thinking about adding "to increase savings and cash reserves". Thanks!