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Updated over 7 years ago on . Most recent reply

Carlos Lopez's profile image
Carlos Lopez's profile image
Carlos Lopez
  • from Seaside, Oregon
  • Member since Jan 11, 2017

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Carlos Lopez's profile image
Carlos Lopez's profile image
Carlos Lopez
  • from Seaside, Oregon
  • Member since Jan 11, 2017
Carlos Lopez
  • Seaside, OR
2
Votes |
10
Posts
New Member Introductions

Refinancing my rental property

Carlos Lopez
  • Seaside, OR
Posted

Hi everyone,

I'm new to real estate investing. I live in Oregon, and bought my first rental property at the begging of the year in January. I bought it for 170k with an FHA loan with $5000 in repairs. I currently seeking to invest somewhere in Georgia or South Carolina where properties seem to be less expensive, and I'm looking into refinancing this home to pull the 70% in cash. Could I possibly buy two more homes instead of one? Any advise is much appreciate it, thank you?

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