Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

41
Posts
15
Votes
Toni Conway
  • Rental Property Investor
  • SF Bay CA - Investing OOState
15
Votes |
41
Posts

Cash out re-finance advice

Toni Conway
  • Rental Property Investor
  • SF Bay CA - Investing OOState
Posted

I’m a rookie that just bought my first two long term rentals in Austin just quickly without a lot of self education first. 
I bought the first one in cash ($290k) and second one with $150k down on $370k house... definitely ill advised and know I need to fix. 
Fortunately both are renting and cash flowing but I’d like to get money out to invest in a multi family #-plex next. 
What advice do you have for the options I can explore and do you recommend lenders featured on bigger pockets or finding someone local in Austin where I'm investing. (Really need a REI mentor big time).
Thanks for your help!!! 

  • Toni Conway
  • Loading replies...