Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Ulises Becerra
  • Milwaukee , WI
3
Votes |
16
Posts

First duplex Looking to refinance and cash out for next property.

Ulises Becerra
  • Milwaukee , WI
Posted

Hello Everybody,

I just recently closed on a duplex in Milwaukee.

Details; 

Has long term tenants and making an income of $1,100 a month.

I do not have W2 income.

House is under my LLC.

I'm looking at refinancing and advise from people who use this strategy. I've been looking at a few local Credit Unions and contacting lenders.  What is usually necessary to refinance a property under these conditions?

What has worked for you? 

Loading replies...