Refianance cash out in Mass

[Timothy Spillane]

Looking to find a deal on a duplex/triplex on the south shore in Massachusetts. My only way to fund this right now would be a cash out refi. I have around 100,000$ in equity in my primary house. Can anyone recommend a local lender or help outline some steps involved in this process?

[Timothy Meuse]

Have you explored the option of doing a HELOC? This would most likely allow you to do a 90% LTV or more depending on the lender. In addition you do not have to change your current mortgage. I'm assuming your rate is better now then what you will get on a cash out refi, and you will not have to pay closing costs for a heloc.