Which Type Of Loan For Rentals? Home Equity? Cash Out?
Hi All!!
I'm looking to purchase a house (all cash), rent the house out and then I would like to purchase another house. I've read online about Cash-out Refinancing and it definitely seems to fit my needs but I from what I understood you need a mortgage to refinance.
What are my other options? Is delayed refinancing recommended? Will the bank treat me differently for renting the house out?
Thanks in Advance!