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
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 4 years ago on . Most recent reply

User Stats

13
Posts
0
Votes
Matthew Williams
  • Sumter, SC
0
Votes |
13
Posts

Can you cash out refi and seller financed property?

Matthew Williams
  • Sumter, SC
Posted

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

User Stats

653
Posts
313
Votes
Eric Johnson
  • Lender
  • Chicago, IL
313
Votes |
653
Posts
Eric Johnson
  • Lender
  • Chicago, IL
Replied

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.

Loading replies...