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General Real Estate Investing

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Matt H
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How Long Does it Take To Do Cash Out Refinancing?

Matt H
Posted Aug 3 2008, 10:57

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.

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