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Updated almost 8 years ago on . Most recent reply

Robert Gunby's profile image
Robert Gunby's profile image
Robert Gunby
  • Rental Property Investor
  • from Springfield, VA
  • Member since Apr 20, 2013
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56
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16
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Robert Gunby's profile image
Robert Gunby's profile image
Robert Gunby
  • Rental Property Investor
  • from Springfield, VA
  • Member since Apr 20, 2013
Connect
Robert Gunby
  • Rental Property Investor
  • Springfield, VA
16
Votes |
56
Posts
General Real Estate Investing

LOC/ Refinancing both possible?

Robert Gunby
  • Rental Property Investor
  • Springfield, VA
Posted
Hello BP, I have a quick question. Say you have a house that has an ARV of 100k (investment property). You refinance for 70k after one year. Would you then be able to take out a line of credit for 20-25k as well ? Or can you only do one or the other? Thank you!
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