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Updated over 10 years ago on . Most recent reply

User Stats

184
Posts
34
Votes
Michael Baradell
  • Property Manager
  • New Orleans, La
34
Votes |
184
Posts

Pulling equity from an investment property @ 75% equity or higher.

Michael Baradell
  • Property Manager
  • New Orleans, La
Posted

Hey BP, 

So I have an investment property that I will most likely keep as a rental. I completely renovated the property and have created about 25% equity in the property. I'm looking for a way to pull out some of that cash. Obviously, most ( if not all ) lenders and banks will not allow a cash out refinance on an investment property above 75% maybe up to 80%. Does anyone have any ideas on how I can accomplish this? 

  • Michael Baradell

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