Updated over 3 years ago on . Most recent reply
Total cash invested meaning
I am having trouble understanding what the total cash invested means. does it mean I'll have after the refinance and I have pulled all my money out, this will be the equity left in the deal? or does it mean if I pull all my money out, I'll have to come with an extra 88k to make the deal work? Numbers breakdown here
Most Popular Reply
As others have stated, this is what will be invested into the deal that you will be responsible for bringing to the table - the lender will be covering the remaining balance - these costs will be the down payment, rehab budget you are responsible for, lender origination points, fees, among other things.



