Refinancing a home that is free and clear?
I have 2 properties that I own free and clear and would like to do a cash out refi, I would prefer they stay in my company name, but the only problem I have heard from lenders like that is my properties do not meet the minimum requirements for the cash out refi. Are there any lenders who would refi properties whose values are below 75,000 but they cash flow very well.
I know the question is going to be if they cash flow so well why do you want to refi because I would like to pay some things off and then repeat the cycle to grow my business.