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Updated about 2 months ago on . Most recent reply

is it possible to do a cash out refi on a $75k rental property
i thank you for taking the time to read this post , my question here is: is it possible to do a cash out refi on a $75k investment home. I purchased this home October of 2023 for 60K with 30% down payment and now is worth around $75k with tenant in it. or is there another way to take out the money from this home, i'm not looking to sell it
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hi. the property is not paid off, I have a mortgage on it . I purchased it for $60k with 30% down payment. $ 41,500 remain on the loan with interest of 8%. I own the property almost 2 years