Cashing out your buried equity
After the crash, I was unable to get bank financing, so I would only buy with seller financing or with cash. Occasionally with hard money lenders. I am so pleased to find out that A. I could get a loan, B. I didn't have to provide tax returns or a P&L, C. The lender that did my loan is an asset based lender, I got a cash out at 80%LTV. D. I used to be a mortgage lender before the crash and I am launching back into the mortgage business . Very excited for 2020. Happy new year to all my fellow onvestors.