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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
3
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Mckenzy D.
  • Randolph, MA
3
Votes |
11
Posts

Help on my next move

Mckenzy D.
  • Randolph, MA
Posted

Good morning BP family,

A couple of days ago my cash-out refi fell through due to a low appraisal. I tried multiple banks and if they even returned my calls they pretty much told me I would not get anything out or very little from equity. I was wondering if anyone had some advice on what I could do next? My goal was to pull money from the current owner-occupied property located in Brockton MA in order to purchase another. I thought that maybe I could find a lender that did 85-90% ltv but that seems to be impossible now a days.

Best,

Mckenzy

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