Multi unit cash out finance

4 Replies

I’m not sure if I am posting in the right category. I’m trying to find out if it makes sense to do a cash out finance on a fully paid seven unit multi family investment property. My thinking is with rates so low and values so high, it would make sense to pull some cash out to use for other projects. Any lenders here? Can anyone give me advice or point me in the right direction?

@Justin Tam

It depends on what your goals are. You have a couple options. You could use a cash out refinance to brrr if you plan to buy multiple properties or you could also use a HELOC