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
Creative Real Estate Financing
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

7
Posts
0
Votes
Amaeleo Carey
  • Nassau, N.P.
0
Votes |
7
Posts

Cash Out Refinancing

Amaeleo Carey
  • Nassau, N.P.
Posted

I need some advice when using cash out refinancing. I intend to purchase a house through a HML. After it is Rehabbed, and Rented I would like to Refinance. I am shopping around at local banks to find out there LTV. Most bank want to know the purpose of refinancing.

Do I state that I want to repay my HML? What would be the purpose of the Refi that I would explain to the banks?

Loading replies...