Cash Out Refinance Options
Recently purchased a home for $85K Cash and have put about $13K into it for a total investment of $97K.
It should appraise for around $130K.
I would like to hang on to the property and rent it but need to recoup my investment of $97K for other investment opportunities.
Anyone know who the best lenders might be where I can keep the house in the LLC name and pull out a minimum of 80% LTV based on on appraised value?
Thank you!! :)