How Long Does it Take To Do Cash Out Refinancing?
How long does it generally take to get the cash out from start to finish? And what is the procedure? I'm assuming getting an appraisal then finding a lender to go with?
1 month maybe? Longer? Shorter?
And the reason is I'd like to make an offer on a building, but I don't have enough cash in hand. So cash out refinancing on a building I own is one option. What other options do I have? Or how can I structure the offer in a way that buys me the time to do this?
Thanks.