Delayed Financing Help in NC
I purchased my first investment property this year in March in Charlotte, NC. While in escrow, my financing fell apart (terrible experience with an online lender!) and in order to keep the deal alive, I ended up having to purchase with all cash. Now that I have finished renovations and have a renter in place, I wanted to pull cash out of the property (around $100k...the ARV is around $200k). It is my understanding that this falls under delayed financing (or maybe cash out refi...I don't know the difference). I was wondering if anyone had any recommendations on how to go about this process. Please let me know if there is any additional information I can provide and thank you in advance for any help!