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Maine Real Estate Q&A Discussion Forum

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Jeremy A.
  • Rental Property Investor
  • Maine
59
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179
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Cant access my equity for cash out refi

Jeremy A.
  • Rental Property Investor
  • Maine
Posted May 20 2020, 05:18

Any contacts for loan officer who actually understands BRRR?

i cant access my cash equity on cash out refi. My bld appraised at 613k i owe 153k on 1st. 

I want to decide how i spend funds not be micro managed by lender restrictions of paying contractors or debt only. 

Do lenders not give lump sum anymore?

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