Updated about 6 years ago on . Most recent reply

How to Respond to a Bank
I am in the process of refinancing (cash out) my personal home. I am almost done but the banks wants to know about my real estate business first. I actually forgot to disclose that on the application. I buy and flip houses but the company has not actually made a profit yet. I am a minority share holder (10%). I do not want to write anything that hurts my chances or effect the refi.
How should I respond? Can someone help