Lender · Gilbert, AZ · Member since 2018 · 48 posts · 21 votes
PROBLEM: Real Estate Investors who acquire a property (whether it’s with cash, or hard money), and renovate it, then plan to refinance into a conventional loan usually have to choose:
- Do I want as low a rate as possible (rate term refinance into my conventional loan)?
- Or do I want to use as much leverage as possible and take cash out of the property (cash out refinance with a higher rate AND have to wait a 6 month seasoning period)?
SOLUTION: We designed the "Klinkloans Cash Out Hack" that helps investors capitalize on getting BOTH as low a rate as possible for their exit loan AND get as much cash out as possible AND not having to wait 6 months seasoning.