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Commercial Real Estate Investing

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Raj Tirur
  • Rental Property Investor
  • MA
7
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46
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Cash out refi

Raj Tirur
  • Rental Property Investor
  • MA
Posted Feb 5 2015, 09:34

How much is typically allowed in a cash out refi?  Is it something like 75% of equity in the property?  So if you have 25% equity in a $1M home, you can take .75($250K)=$187.5K?  I know that 75% can vary by lender but was just curious if that is how it works, and what is the most common amount lenders will let you take.  Thanks in advance!

Raj

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