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Updated over 4 years ago on . Most recent reply

Can you cash out refi and seller financed property?
I may have stumbled upon a unique opportunity to get a great commercial property with a seller willing to seller finance. If I go this route would I still be able to cash out refi on that property because I want to brrrr it
Most Popular Reply

Matt, it really depends on the value and the property cashflow once it's done. Also, the LTV will be an issue, don't expect an 85% LTV loan. You need to calculate exactly what the loan request would be on the back side, otherwise you are going to run into hurdles you may not be able to jump over and you will be stuck.