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Updated over 3 years ago on . Most recent reply

Ryan Cleary's profile image
Ryan Cleary's profile image
Ryan Cleary
  • Real Estate Agent
  • from Saint Lucie, FL
  • Member since Feb 7, 2019
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Ryan Cleary's profile image
Ryan Cleary's profile image
Ryan Cleary
  • Real Estate Agent
  • from Saint Lucie, FL
  • Member since Feb 7, 2019
Connect
Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
329
Votes |
369
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Creative Real Estate Financing

Using equity in once place to buy another

Ryan Cleary
  • Real Estate Agent
  • Saint Lucie, FL
Posted

I have one house where I think I can take out 40k with a cash out refi.

However I am putting offers in on a similar property in the same town.

I know I am going to word this improperly but is it possible to wrap the new purchase and the older property on the same mortgage and use the equity to reduce the down payment of the new purchase?

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
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