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Updated about 2 hours ago on . Most recent reply

Cory St. Esprit's profile image
Cory St. Esprit's profile image
Cory St. Esprit
  • Investor
  • from Pittsburgh, PA
  • Member since Jun 17, 2023
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Cory St. Esprit's profile image
Cory St. Esprit's profile image
Cory St. Esprit
  • Investor
  • from Pittsburgh, PA
  • Member since Jun 17, 2023
Connect
Cory St. Esprit
  • Investor
  • Pittsburgh, PA
50
Votes |
97
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Looking to take cash out of a property - LOC?

Cory St. Esprit
  • Investor
  • Pittsburgh, PA
Posted

Own a property bought for $45,000 cash. It's a commercial space with 2 apartments above it. Not rented yet as we just finished it up and waiting on final occupancy stuff. Building estimated value now at $150,000-$175,000. I'd love to pull out that equity or a portion of it as a LOC towards my next purchase. Not looking for short term hard money but looking for something more long term traditional LOC.

Pittsburgh, Pennsylvania
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